Used primarily as a fluorinating and brominating reagent in organic synthesis, especially in the preparation of trifluoromethyl-containing compounds. Its reactivity makes it valuable for introducing both bromine and trifluoromethyl groups into molecules, which is useful in pharmaceutical and agrochemical industries. Commonly employed in the synthesis of bioactive intermediates where the trifluoromethyl moiety enhances metabolic stability and lipophilicity. Also utilized in the development of specialty fluorinated building blocks for medicinal chemistry and in the production of certain fluorinated dyes and polymers.