This chemical is primarily used as a chelating agent in the synthesis of metal complexes, particularly in the field of coordination chemistry. Its ability to form stable complexes with various metal ions makes it valuable in the production of catalysts for organic reactions. Additionally, it is employed in the development of advanced materials, such as luminescent compounds and semiconductors, due to its unique electronic properties. In research, it serves as a precursor for the preparation of fluorinated organic compounds, which are often explored for their potential in pharmaceuticals and agrochemicals. Its fluorinated structure also contributes to its use in studies involving fluorine chemistry and the development of novel fluorine-containing molecules.