This chemical is widely used as a plasticizer in the production of polymers, particularly in PVC and other vinyl-based materials. It enhances flexibility, durability, and workability of the final product, making it suitable for applications in cables, flooring, and synthetic leather. Additionally, it serves as a solvent in various industrial formulations, including coatings, adhesives, and inks, due to its ability to dissolve a range of substances. Its compatibility with other chemicals and low volatility make it a preferred choice in cosmetic and personal care products, where it acts as an emollient and stabilizer in lotions, creams, and hair care formulations.