Used as a solvent in various industrial applications, especially in the production of cellulose acetate and other resins. Acts as a fumigant for agricultural products and stored grains due to its ability to penetrate packaging and eliminate pests. Employed in refrigeration systems as a low-global-warming-potential refrigerant alternative. Also serves as a chemical intermediate in the synthesis of formic acid, dimethyl carbonate, and other organic compounds. Its high volatility and low boiling point make it suitable for use in foam blowing agents and as a extraction solvent in food processing, such as decaffeination of coffee and tea.