This compound is primarily utilized in organic synthesis as a versatile intermediate. It plays a significant role in the development of pharmaceuticals, particularly in the synthesis of bioactive molecules and heterocyclic compounds. Its structure, featuring a thiopyran ring and functional groups, makes it valuable for constructing complex chemical frameworks. Additionally, it is employed in research settings for studying chemical reactions and mechanisms, particularly those involving sulfur-containing compounds. Its applications extend to material science, where it can be used in the design of novel polymers or functional materials.