Tributyl phosphate is widely used as a solvent and plasticizer in industrial applications. It is commonly employed in the extraction of metals such as uranium and plutonium in nuclear fuel processing due to its ability to form complexes with metal ions. It also serves as a flame retardant and acts as a component in hydraulic fluids and lubricant additives because of its thermal stability and low volatility. In polymer manufacturing, it improves flexibility and workability of plastics. Additionally, it is used as an anti-foaming agent and in the formulation of paint and varnish removers. Its effectiveness in liquid-liquid extraction makes it valuable in chemical separation processes.