Primarily used as a solvent in various industrial applications due to its excellent ability to dissolve oils, greases, and waxes. It is particularly effective in precision cleaning processes for electronic components, ensuring the removal of contaminants without damaging sensitive parts. Additionally, it serves as a refrigerant in specialized cooling systems, offering efficient heat transfer properties. Its stability and non-flammability make it suitable for use in fire extinguishing agents, providing a safe and effective means of controlling fires in certain environments.