Used as an intermediate in organic synthesis, particularly in the production of pesticides, pharmaceuticals, and rubber chemicals. Acts as a chain transfer agent in polymerization processes to control molecular weight of polymers. Employed in surface modification of nanoparticles due to its ability to form self-assembled monolayers on metal surfaces, enhancing stability and dispersion. Also utilized in the preparation of flavor and fragrance compounds, contributing sulfurous, meat-like notes in small quantities for food and perfume industries.