Used primarily as an intermediate in the synthesis of pharmaceuticals and agrochemicals. It serves as a building block in the production of rubber vulcanization accelerators, contributing to improved elasticity and durability of rubber products. Also employed in the development of certain fungicides and biocides due to its sulfur- and bromine-containing structure, which can exhibit antimicrobial properties. Its thiol and bromo functional groups allow for versatile chemical modifications, making it valuable in organic synthesis and medicinal chemistry research.