Widely used as a chain transfer agent in the production of synthetic rubber and plastics, it helps control polymer molecular weight, ensuring optimal material properties. It is also employed in the manufacture of adhesives and coatings, where it enhances performance and durability. Additionally, it serves as an intermediate in the synthesis of various organic compounds, including pharmaceuticals and agrochemicals. Its strong odor makes it useful as an odorant in natural gas and propane for leak detection. In the oil and gas industry, it acts as a scavenger for hydrogen sulfide to reduce corrosion and improve safety.