Widely used as a solvent in various industrial applications due to its ability to dissolve a wide range of organic compounds. It is commonly employed in paint stripping formulations, effectively removing coatings from surfaces. In the pharmaceutical industry, it serves as a solvent in the production of antibiotics, vitamins, and other medications. Additionally, it is utilized in the manufacturing of adhesives, aerosols, and polyurethane foams. Its low boiling point makes it suitable for use as a refrigerant and in heat transfer fluids. In laboratories, it is often used for extraction processes and as a reaction medium in chemical synthesis.