Used primarily as an intermediate in the production of plasticizers, lubricants, and surfactants. Its properties make it suitable for enhancing the flexibility and durability of plastics. Also employed in the synthesis of fragrances and flavors due to its mild, pleasant odor. In industrial applications, it acts as a solvent or co-solvent in coatings, paints, and cleaning formulations. Its chemical structure contributes to its effectiveness in stabilizing emulsions and improving the performance of various chemical processes.