Used primarily in the synthesis of pharmaceutical compounds, particularly in the development of active pharmaceutical ingredients (APIs) that target specific biological pathways. It serves as a key intermediate in the production of agrochemicals, including pesticides and herbicides, due to its ability to modify the chemical structure to enhance efficacy. Additionally, it is employed in organic synthesis for creating complex molecules in research and industrial applications, often as a building block for sulfur-containing compounds. Its unique structure also makes it valuable in material science for designing specialized polymers and coatings.