Used as a fluorinating agent in organic synthesis, it facilitates the introduction of fluorine atoms into molecules, enhancing their stability and reactivity. It is particularly useful in the preparation of fluorinated pharmaceuticals and agrochemicals. The solution is also employed in electrochemical applications, such as in the production of batteries and capacitors, where it acts as an electrolyte additive to improve performance. Additionally, it serves as a catalyst in various chemical reactions, including polymerization processes, due to its ability to stabilize reactive intermediates. Its role in surface treatment and metal finishing industries is notable, where it helps in etching and cleaning metal surfaces to improve adhesion and coating quality.