Used primarily in organic synthesis, this compound serves as a versatile alkylating agent, enabling the introduction of fluoro and iodo functional groups into target molecules. Its application is significant in the development of pharmaceuticals, particularly in the synthesis of fluorinated drug candidates, which often exhibit enhanced metabolic stability and bioavailability. Additionally, it is employed in the preparation of complex organic compounds for agrochemical research, where fluorinated derivatives can improve pesticide efficacy and selectivity. The compound is also utilized in material science for modifying polymer properties, enhancing characteristics like chemical resistance and thermal stability.