Used as a ligand in transition metal catalysis, particularly in palladium-catalyzed cross-coupling reactions. Its fluorinated structure enhances electron-withdrawing properties, improving catalyst stability and reactivity. Employed in the synthesis of pharmaceuticals and agrochemicals where selective bond formation is critical. Also applied in materials science for developing luminescent metal complexes and coordination polymers due to its ability to chelate metal centers effectively. Solubility in common organic solvents makes it suitable for homogeneous reaction systems.