Used as a solvent in coatings, inks, and adhesives due to its ability to dissolve a wide range of resins while providing good flow and leveling. It is also employed in the formulation of perfumes and flavorings because of its mild, fruity odor. In chemical synthesis, it acts as an intermediate in the production of pharmaceuticals and agrochemicals. Its moderate evaporation rate makes it suitable for use in lacquers and varnishes where controlled drying is needed.