Used primarily as a refrigerant in various cooling systems, it is valued for its low environmental impact and high efficiency. It also serves as a fire extinguishing agent in critical environments like data centers and museums, where it effectively suppresses fires without leaving residues. Additionally, it is utilized in the electronics industry for cleaning and precision drying of components due to its non-flammable and non-conductive properties. Its stability under high temperatures makes it suitable for use in heat transfer applications as well.