Used primarily as an intermediate in organic synthesis, it plays a key role in the production of pharmaceuticals, agrochemicals, and dyes. Its sulfinate group is valuable in creating sulfoxides and sulfones, which are crucial in various chemical reactions. Additionally, it is employed in the preparation of specialty chemicals and as a reagent in asymmetric synthesis. Its applications extend to the development of materials with specific optical properties and in the synthesis of complex organic molecules for research and industrial purposes.