Used primarily as a fluorinating agent in organic synthesis, it is highly effective for converting alcohols, aldehydes, and ketones into their corresponding fluorinated compounds. It plays a key role in the preparation of pharmaceuticals and agrochemicals, where the introduction of fluorine atoms can enhance the biological activity and stability of the compounds. Additionally, it is utilized in the synthesis of specialty chemicals and advanced materials, contributing to the development of innovative products in various industries. Its reactivity and selectivity make it a valuable tool for chemists working on complex molecular transformations.