Used primarily as an intermediate in the production of other chemicals, particularly in the synthesis of plasticizers, lubricants, and surfactants. It is also employed in the manufacturing of coatings and adhesives, where it contributes to improved performance and durability. In the pharmaceutical industry, it serves as a solvent or reagent in certain reactions. Additionally, it finds application in the formulation of specialty chemicals for industrial cleaning and degreasing purposes. Its properties make it suitable for use in high-performance materials and processes requiring stability and efficiency.