Used as a solvent and intermediate in the production of dyes, pesticides, and rubber chemicals. It serves as a precursor in the synthesis of other benzene derivatives, including aniline and phenol. Commonly employed in the manufacture of triphenylmethane dyes and as a carrier in pesticide formulations. Also used in the production of capacitors and transformers due to its dielectric properties. Its stability and low reactivity make it suitable for use in heat transfer systems and as a solvent in reactions involving strong bases.