Used primarily in the synthesis of organic compounds, particularly in the production of agrochemicals and pharmaceuticals. It serves as a key intermediate in the development of pesticides and fungicides, helping to protect crops from various pests and diseases. Additionally, it is utilized in the creation of antioxidants and stabilizers for polymers, enhancing the durability and lifespan of plastic materials. In the field of organic chemistry, it acts as a building block for more complex molecules, aiding in research and development of new chemical entities. Its thiol group makes it valuable in the preparation of sulfur-containing compounds, which are often used in the manufacture of rubber additives and lubricants.