Used as an intermediate in organic synthesis, particularly in the development of pharmaceuticals and agrochemicals. Its sulfide functional group allows for oxidation to sulfoxides or sulfones, which are valuable motifs in drug design. It also serves in the preparation of fragrance components due to its aromatic and sulfur-containing structure, contributing to unique olfactory properties. Additionally, it can act as a building block in the synthesis of more complex sulfur-containing molecules for research in medicinal chemistry.