Used as a flotation agent in mineral processing, particularly for sulfide ores, enhancing the separation of valuable minerals from gangue. Acts as a collector to improve the hydrophobicity of mineral surfaces, allowing for efficient froth flotation. Also serves as an intermediate in organic synthesis, especially in the production of pesticides and rubber chemicals. Its derivatives are employed in the manufacture of dithiocarbamate-based fungicides. Shows utility in coordination chemistry as a ligand for metal ions in catalytic systems.