This chemical is primarily used as a reagent in organic synthesis, particularly in reactions involving the introduction of trifluoromethyl groups. It is highly effective in facilitating the trifluoromethylation of various organic compounds, which is valuable in the development of pharmaceuticals, agrochemicals, and materials with enhanced properties. Its ability to act as a source of the trifluoromethyl anion makes it a key component in creating compounds with improved stability, bioavailability, and metabolic resistance. Additionally, it is utilized in advanced research for constructing complex molecules in medicinal chemistry and material science.