Used as a solvent in various industrial and chemical processes due to its ability to mix with both water and organic solvents. Commonly applied in paint and coating formulations to improve flow and leveling. Also utilized in cleaning products for its degreasing properties. Plays a role in the electronics industry as a component in photoresist developers. Additionally, serves as an intermediate in the synthesis of other chemicals, including surfactants and plasticizers. Its low volatility and high boiling point make it suitable for use in heat transfer fluids and in certain fuel additives to enhance performance.