Used as a solvent in various industrial processes, particularly in the formulation of coatings, paints, adhesives, and printing inks, due to its ability to dissolve a wide range of organic substances. It is also employed in the production of specialty chemicals and as an intermediate in organic synthesis. In the pharmaceutical industry, it serves as a reagent or solvent in the development of certain drugs. Additionally, it finds application in the manufacturing of agrochemicals, where it aids in the formulation of pesticides and herbicides. It can also act as a lubricant in plastic and rubber production to reduce friction and improve efficiency, and in laboratory processes for extraction and separation of chemicals. Its stability and solvent properties make it suitable for use in high-performance applications requiring consistent results.