Used as a specialty solvent and intermediate in organic synthesis, particularly in pharmaceuticals and agrochemicals. Its ester functionality and ether group make it suitable for reactions requiring moderate polarity and stability. It serves in the preparation of chiral building blocks due to the presence of a stereocenter in the molecule. Also employed in fragrance formulations for its mild, fruity odor, and as a solvent in coatings and inks where low volatility and good solvency are needed.