This chemical is primarily used as a solvent in various industrial and laboratory applications. It is effective in formulations requiring a stable, non-reactive medium, particularly in the production of coatings, adhesives, and inks. Additionally, it serves as a reaction intermediate in organic synthesis, facilitating the creation of complex molecules. Its properties make it suitable for use in polymer chemistry, where it aids in the modification and stabilization of polymers. In the electronics industry, it is utilized in the manufacturing of semiconductors and other components due to its ability to dissolve and transport materials without causing degradation.