Used primarily as a solvent in various industrial applications, including coatings, inks, and cleaning formulations. Its ester structure provides effective solvency for resins and polymers while offering moderate evaporation rate. Also employed as an intermediate in organic synthesis where controlled ester hydrolysis or transesterification is required. Due to its relatively low toxicity and favorable odor profile compared to other esters, it finds use in fragrance carriers and specialty formulations requiring mild volatility.