Used primarily as a solvent in various industrial applications, this chemical is particularly valued in the electronics industry for cleaning and degreasing sensitive components. Its unique properties make it suitable for use in the formulation of specialty coatings and paints, where it enhances performance and durability. Additionally, it serves as an intermediate in the synthesis of more complex fluorinated compounds, which are often utilized in pharmaceuticals and agrochemicals. Its ability to dissolve a wide range of substances also makes it a useful component in the production of adhesives and sealants.