Used primarily as a solvent in various chemical reactions, it is particularly effective in processes requiring a polar aprotic medium. Its stability under acidic and basic conditions makes it suitable for use in organic synthesis, especially in the preparation of pharmaceuticals and fine chemicals. Additionally, it serves as a protective group for carbonyl compounds, enhancing selectivity in multi-step synthetic routes. Its low toxicity and volatility also make it a preferred choice in industrial applications where safety and environmental impact are concerns.