Used as an intermediate in organic synthesis, particularly in the production of pharmaceuticals and agrochemicals. Its hydroxyl and ether functional groups make it suitable for use in esterification and etherification reactions. It is also employed as a solvent or modifier in coating formulations, paints, inks, and cleaning products where moderate polarity, stability, and low volatility are required. Additionally, it finds use in fragrance formulations due to its ability to act as a coupling agent and solvent for aromatic compounds, and in skincare products as a humectant to retain moisture.