Used as a solvent and chemical intermediate in organic synthesis, particularly in the production of specialty coatings and adhesives. It stabilizes reactive components in formulations due to its moderate polarity and volatility. Also employed in the fragrance industry as a carrier solvent for perfumes and essential oils, thanks to its low odor and slow evaporation rate. Its ability to blend with both polar and non-polar substances makes it useful in cleaning solutions and degreasers. Additionally, it acts as a moisture scavenger in certain resin systems, improving shelf life and curing performance.