Primarily used in the mining industry as a flotation agent for the separation of sulfide ores, particularly copper, nickel, and zinc. It acts as a collector, enhancing the hydrophobicity of metal particles, allowing them to attach to air bubbles and rise to the surface for extraction. Additionally, it finds application in the rubber industry as a vulcanization accelerator, improving the curing process of rubber compounds. In organic synthesis, it serves as a reagent for the preparation of xanthates and other sulfur-containing compounds. Its role in these processes is critical for efficient resource extraction and material production.