Used as a specialty solvent and intermediate in organic synthesis, particularly in the pharmaceutical and agrochemical industries. Its ester groups make it suitable for use in controlled reactions where selective hydrolysis or transesterification is needed. Also employed in the formulation of plasticizers to improve flexibility and durability of polymers. Due to its volatility and stability, it finds application in fragrance formulations and as a carrier in coating systems. Additionally, it serves as a reagent in research laboratories for developing biodegradable polymers and functionalized materials.