This chemical is primarily used as a key intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. It plays a crucial role in the formation of sulfoxide-containing compounds, which are often utilized in drug development due to their biological activity. Additionally, it is employed in the synthesis of chiral molecules, where its sulfinyl group acts as a directing or protecting group during complex reactions. Its application extends to the preparation of specialty chemicals and fine chemicals, where precise molecular structures are required.