This chemical is primarily used as a fluorinating agent in organic synthesis. It is particularly effective in converting alcohols, aldehydes, and ketones into their corresponding fluorinated compounds. The compound is valued for its ability to introduce fluorine atoms into organic molecules, which is crucial in the development of pharmaceuticals, agrochemicals, and materials with enhanced properties. Its stability and selectivity make it a preferred choice in complex synthetic routes where precise fluorination is required. Additionally, it is employed in the preparation of fluorinated intermediates that are further used in the production of active pharmaceutical ingredients (APIs) and specialty chemicals.