Used as a solvent in the production of coatings, inks, and resins due to its ability to dissolve a wide range of substances and its moderate evaporation rate. Commonly employed in the manufacturing of brake fluids and lubricants. Also utilized in the pharmaceutical industry as an extraction solvent and in the synthesis of esters for fragrances and flavors. Frequently applied in laboratory settings for liquid-liquid extractions, especially in separation processes involving water and organic compounds.