This chemical is primarily used as an intermediate in organic synthesis, particularly in the preparation of pharmaceuticals and agrochemicals. Its trifluoromethylsulfonyl group makes it a valuable building block for introducing trifluoromethylsulfonyl moieties into target molecules, which can enhance their biological activity or stability. It is also employed in the development of materials with specific electronic properties, such as organic semiconductors or liquid crystals, due to its electron-withdrawing characteristics. Additionally, it serves as a reagent in cross-coupling reactions, facilitating the formation of carbon-carbon bonds in complex organic compounds.