Used primarily as a chemical intermediate in the synthesis of fluorinated compounds, especially in the development of pharmaceuticals and agrochemicals. Its unique structure allows for selective functionalization, making it valuable in creating complex organic molecules with enhanced stability and bioavailability. Commonly employed in radical trifluoromethylation reactions, it serves as a source of ·CCl₃ or CF₃ groups under appropriate conditions. Also utilized in materials science for modifying surface properties and in the preparation of specialty polymers with improved thermal and chemical resistance.