Used as a solvent in various chemical reactions, particularly in organic synthesis, due to its stability and low toxicity. It is employed in the production of pharmaceuticals, agrochemicals, and specialty chemicals. Its high boiling point and low miscibility with water make it suitable for use in extraction processes and as a reaction medium. Additionally, it is utilized in the formulation of coatings, adhesives, and cleaning agents, offering a safer alternative to more hazardous solvents. Its compatibility with a wide range of reagents and catalysts further enhances its application in industrial and laboratory settings.