Primarily used as a solvent for a variety of organic compounds, it is effective in dissolving waxes, resins, and rubber. It is also employed in the production of herbicides and insecticides, where it acts as an intermediate. In industrial settings, it serves as a degreasing agent and is utilized in the synthesis of other chemicals, including dyes and pharmaceuticals. Additionally, it finds application in the formulation of heat transfer fluids and as a fumigant for pest control. Its properties make it suitable for use in the manufacturing of adhesives and coatings, where it helps in achieving desired consistency and performance.