Used as an intermediate in the synthesis of fine chemicals and pharmaceuticals. It serves in the development of fragrances and flavor compounds due to its stable ether structure and aromatic characteristics. Also employed in the formulation of heat stabilizers for polymers, particularly in plastics and resins, where it helps prevent thermal degradation during processing. Its low volatility and good solvency make it suitable as a solvent or carrier in specialty coatings and agrochemical formulations.