Used as a solvent in a variety of industrial and laboratory applications due to its ability to mix with both organic and aqueous phases. It is commonly employed in extraction processes, particularly in analytical chemistry for separating and purifying compounds. Its low reactivity and high stability make it suitable as a reaction medium in organic synthesis. Also utilized in the formulation of coatings, adhesives, and cleaning agents where a slow-evaporating, water-tolerant solvent is needed. Additionally, it serves as a coupling agent in chemical processes to improve miscibility between different components.