This chemical is primarily used as a solvent in various industrial and laboratory applications. It is particularly effective in dissolving a wide range of organic compounds, making it valuable in chemical synthesis and research. Additionally, it serves as a reaction medium in the production of pharmaceuticals and agrochemicals, where its stability and solvency properties are advantageous. It is also employed in the formulation of specialty coatings and adhesives, contributing to their performance and durability. In some cases, it is utilized as an intermediate in organic synthesis, aiding in the creation of complex molecules. Its properties make it a versatile component in several chemical processes.