This compound is primarily utilized in organic synthesis as a versatile intermediate. It is often employed in the preparation of various biologically active molecules, particularly in the development of pharmaceuticals. The structure of this chemical allows it to act as a building block for synthesizing compounds with potential therapeutic properties, such as anti-inflammatory or antimicrobial agents. Additionally, its unique thiopyran ring system makes it valuable in materials science for creating novel polymers or functional materials with specific properties. Its applications extend to research settings where it is used to study chemical reactions and mechanisms involving sulfur-containing heterocycles.