This chemical is primarily used as a fluorinating agent in organic synthesis, particularly for introducing fluorine atoms into various organic compounds. It is especially effective in the fluorination of alcohols, converting them into alkyl fluorides. Additionally, it is utilized in the preparation of fluorinated intermediates, which are crucial in the development of pharmaceuticals and agrochemicals. Its stability and reactivity make it a valuable reagent in laboratories for selective fluorination reactions, contributing to the synthesis of complex molecules with potential therapeutic applications.