This chemical is primarily utilized in the synthesis of various organic compounds, particularly in the development of heterocyclic molecules. It serves as a key intermediate in the production of dyes and pigments, offering unique color properties and stability. Additionally, it finds application in the pharmaceutical industry, where it is used to create bioactive molecules with potential therapeutic effects, such as antimicrobial or anti-inflammatory agents. Its thiocyanate group also makes it valuable in coordination chemistry for forming complexes with metal ions, which can be applied in catalysis or material science.