Used primarily in the synthesis of pharmaceuticals and organic compounds, it serves as a key intermediate in the production of various therapeutic agents. Its thiol group makes it valuable for creating sulfur-containing molecules, which are often utilized in drug development for their bioactivity. Additionally, it is employed in the preparation of agrochemicals, contributing to the creation of pesticides and herbicides. Its role in organic synthesis also extends to the production of fragrances and flavors, where it helps in crafting complex aromatic compounds.