Used as a heat transfer fluid in industrial systems due to its high thermal stability and low vapor pressure. Commonly found in solar thermal power plants and heating baths where consistent performance at elevated temperatures is required. Also serves as a fragrance ingredient in soaps and perfumes, providing a mild, floral-woody scent. Acts as a solvent and intermediate in the synthesis of dyes, pharmaceuticals, and agrochemicals. Its resistance to oxidation makes it suitable for use in electrical transformers and cooling systems. Additionally, it is employed in laboratories as a reference substance in boiling point determinations.