Used primarily as a solvent in various industrial applications, especially in the production of cellulose-based products like lacquers and coatings. It serves as a fumigant for agricultural commodities and stored grains due to its ability to penetrate packaging and eliminate pests. Also employed as a blowing agent in foam manufacturing and as an intermediate in the synthesis of other chemicals such as formic acid and dimethyl carbonate. Its low boiling point and high volatility make it suitable for use in refrigerant blends and as an extraction solvent in food processing, particularly for decaffeination and flavor recovery.