This chemical is primarily used in organic synthesis as a fluorinating agent. It is particularly effective in converting alcohols, aldehydes, and ketones into their corresponding fluorinated compounds. Its application is valuable in the pharmaceutical industry for the preparation of fluorinated drugs, which often exhibit enhanced biological activity and metabolic stability. Additionally, it is employed in the synthesis of agrochemicals and specialty chemicals where the introduction of fluorine atoms is required. The compound’s reactivity and selectivity make it a useful tool in advanced chemical research and development processes.