Used primarily as a solvent in various industrial applications, it effectively dissolves resins, oils, and other substances in coatings, inks, and adhesives. Its compatibility with water and organic solvents makes it versatile in formulating products that require controlled evaporation rates. Additionally, it serves as a coalescing agent in latex paints, enhancing film formation and durability. In the personal care industry, it acts as a moisturizing agent and emollient in skincare products, providing smooth texture and hydration. Its low toxicity and stability also make it suitable for use in pharmaceutical formulations as a solubilizer or stabilizer. Furthermore, it is employed in the production of polyurethane foams, contributing to flexibility and resilience in the final product.