This chemical is primarily used as a reversible addition-fragmentation chain transfer (RAFT) agent in polymerization processes. It plays a crucial role in controlling the molecular weight and distribution of polymers, enabling the synthesis of well-defined polymers with specific properties. Its application is significant in the production of advanced materials, including block copolymers, star polymers, and functional polymers, which are used in coatings, adhesives, and drug delivery systems. Additionally, it is employed in research and development to create novel polymeric structures with tailored characteristics for industrial and biomedical applications.