Used as a solvent in the production of coatings, inks, and adhesives due to its ability to dissolve a wide range of substances. It serves as a precursor in the synthesis of polyesters and polyurethanes, contributing to the development of flexible and durable materials. In the cosmetic industry, it acts as a humectant, helping to retain moisture in skin care products. Additionally, it is utilized in the pharmaceutical sector as an intermediate in the manufacture of certain drugs. Its low toxicity and biodegradability make it a preferred choice in environmentally sensitive applications.