Used primarily as a solvent in chemical reactions, it facilitates the synthesis of various organic compounds. It is also employed in the production of dyes and pigments, providing a stable medium for color development. In industrial settings, it serves as a degreasing agent for metal surfaces, ensuring cleanliness before further processing. Additionally, it is utilized in research laboratories for analytical purposes, particularly in chromatography to separate and identify chemical substances. Its properties make it suitable for use in electronic manufacturing, where it aids in the cleaning of components.