Used in organic synthesis as a building block for creating complex molecules, particularly in the development of pharmaceuticals and agrochemicals. It serves as a key intermediate in the preparation of sulfur-containing compounds, which are often active ingredients in drugs. Additionally, it is employed in materials science for the synthesis of conductive polymers and organic semiconductors, contributing to advancements in electronic devices. Its role in coordination chemistry is also notable, where it helps form metal-organic frameworks (MOFs) with potential applications in catalysis and gas storage.