Used primarily as a solvent in various industrial applications, it is effective in dissolving resins, polymers, and other organic compounds. Its properties make it suitable for use in the production of pharmaceuticals, where it aids in the synthesis of active ingredients. Additionally, it is employed in the electronics industry for cleaning and degreasing components due to its ability to evaporate quickly without leaving residues. In research and development, it serves as a reagent in organic synthesis, particularly in reactions requiring a fluorinated alcohol. Its stability and volatility also make it useful in analytical chemistry as a solvent for chromatography.