Used primarily as a reversible addition-fragmentation chain transfer (RAFT) agent in polymerization processes. It enables precise control over molecular weight and polydispersity in the synthesis of polymers, making it valuable for producing tailored materials with specific properties. Commonly applied in the development of advanced coatings, adhesives, and specialty polymers. Its role in RAFT polymerization also supports the creation of block copolymers and functionalized polymers for use in biomedical applications, such as drug delivery systems and tissue engineering scaffolds. Additionally, it contributes to the production of high-performance materials in industries like electronics and automotive, where customized polymer properties are essential.