This chemical is widely used as a solvent in various industrial applications due to its excellent solvency properties and compatibility with a range of substances. It is particularly effective in the formulation of paints, coatings, and inks, where it helps to improve the flow and leveling of the final product. Additionally, it is utilized in the production of cleaning agents and degreasers, where its ability to dissolve oils and greases makes it highly effective. In the personal care industry, it is often found in cosmetics and skincare products, where it acts as a stabilizer and emulsifier, ensuring a smooth and consistent texture. Its low volatility and high boiling point also make it suitable for use in high-temperature applications, such as in the manufacturing of adhesives and sealants.