Used primarily as a solvent in the coatings and paints industry due to its ability to dissolve a wide range of resins and polymers. It is also employed in the production of inks, adhesives, and cleaning agents, where its moderate evaporation rate and solvency properties are advantageous. In the fragrance industry, it serves as a component in the formulation of perfumes and flavoring agents, imparting a fruity, banana-like aroma. Additionally, it finds use in the manufacturing of certain plasticizers and as an intermediate in organic synthesis. Its low toxicity and pleasant odor make it suitable for applications in consumer products.