Used as a solvent in industrial applications, particularly in resin and wax formulations due to its low polarity and moderate evaporation rate. Employed in the synthesis of fragrances and flavoring agents because of its aromatic hydrocarbon structure. Acts as a precursor in the production of p-cymene and other terpene-related compounds through isomerization processes. Also utilized in some pesticide formulations as a carrier or diluent. Found in essential oil extractions where it contributes to the stability and solubility of active components.