Used in the production of high-performance polymers and plastics, it enhances durability and flexibility. It serves as a key intermediate in synthesizing pharmaceuticals, particularly for creating active ingredients in medications. In the cosmetics industry, it acts as a solvent and humectant, improving product texture and moisture retention. Additionally, it is utilized in the manufacture of adhesives and coatings, providing strong bonding properties and resistance to environmental factors. Its role in bio-based chemical processes also supports sustainable and eco-friendly industrial applications.