This chemical is primarily used as a highly efficient and selective trifluoromethylating agent in organic synthesis. It is particularly valuable in the introduction of the trifluoromethyl group (-CF3) into various organic molecules, which is a critical modification in the development of pharmaceuticals, agrochemicals, and advanced materials. The compound's strong electrophilic nature allows it to react with a wide range of nucleophiles, including arenes, heteroarenes, and alkenes, enabling the synthesis of complex trifluoromethylated compounds. Its stability and reactivity make it a preferred choice in laboratories and industrial settings for creating compounds with enhanced biological activity, metabolic stability, and physicochemical properties. Additionally, it is employed in the preparation of specialty chemicals and intermediates used in research and development across multiple scientific disciplines.