Used primarily as a solvent in the production of paints, coatings, and adhesives due to its ability to dissolve various substances effectively. It is also employed in the synthesis of phthalic anhydride, a key intermediate in the manufacture of plastics, dyes, and insecticides. In the printing and rubber industries, it serves as a cleaning agent for equipment and machinery. Additionally, it is utilized in the formulation of certain pesticides and herbicides. Its high solvency power makes it valuable in laboratory settings for chemical reactions and extractions. Proper handling and ventilation are essential due to its volatile and flammable nature.