Used primarily as a solvent and chemical intermediate in organic synthesis. Its structure allows for good solvency in coatings, inks, and adhesives, where it helps improve flow and leveling. It is also employed in the formulation of cleaning agents and degreasers due to its ability to dissolve both polar and non-polar substances. In specialty applications, it acts as a stabilizer or carrier in agrochemical formulations and pharmaceuticals, benefiting from its moderate evaporation rate and low toxicity.