Used primarily as a fluorinating agent in organic synthesis, this compound is especially valuable for introducing fluorine atoms into complex molecules. It is effective in nucleophilic fluorination reactions, where it provides high yields with good selectivity. Commonly applied in the preparation of fluorinated pharmaceuticals and agrochemicals, it helps enhance metabolic stability and bioavailability of active ingredients. Its quaternary ammonium structure allows for solubility in polar solvents, making it suitable for use in a variety of reaction conditions. Additionally, it is employed in radiochemistry for the synthesis of fluorine-18 labeled compounds used in positron emission tomography (PET) imaging.