This chemical is primarily used as an intermediate in the pharmaceutical sector for the synthesis of complex fluorinated molecules, particularly those requiring enhanced stability or bioactivity. Its iodinated and fluorinated structure provides versatile reactivity for advanced organic transformations.

Additionally, it finds application in the electronics industry as a cleaning agent or precursor for precision components. Its non-flammable and stable nature makes it ideal for removing contaminants from sensitive electronic parts without causing damage. It may also serve as a building block in the development of low global warming potential (GWP) refrigerants for high-efficiency cooling systems, contributing to energy savings and reduced environmental impact. Its versatility makes it a valuable specialty chemical in advanced technological and industrial processes.