This chemical is primarily used as a chain transfer agent (CTA) in reversible addition-fragmentation chain-transfer (RAFT) polymerization. It plays a crucial role in controlling the molecular weight and polydispersity of polymers, enabling the synthesis of well-defined polymers with specific architectures. Its application is particularly significant in the production of block copolymers, star polymers, and other complex polymer structures. This compound is also utilized in the development of advanced materials, including coatings, adhesives, and drug delivery systems, where precise control over polymer properties is essential. Additionally, it finds use in research and development for creating tailored polymeric materials with enhanced performance characteristics.