Primarily used in organic synthesis, this compound serves as a versatile reagent for introducing fluorine atoms into various organic molecules. It is particularly valuable in the preparation of fluorinated aromatic compounds, which are essential in the development of pharmaceuticals and agrochemicals. Additionally, it plays a role in the creation of advanced materials, such as liquid crystals and polymers, where fluorine incorporation enhances properties like thermal stability and chemical resistance. Its reactivity with nucleophiles also makes it useful in cross-coupling reactions, enabling the construction of complex molecular structures.