Used primarily in organic synthesis, it serves as a key intermediate in the production of various sulfur-containing compounds. It is also employed in the development of pharmaceuticals, particularly in the synthesis of chemotherapeutic agents targeting cancer cells. Additionally, it finds application in polymer chemistry, where it acts as a cross-linking agent to enhance the durability and stability of certain materials. Its reactivity with nucleophiles makes it valuable in research for studying reaction mechanisms and designing new chemical entities.