Primarily used as a solvent in various industrial applications, it is effective in dissolving resins, oils, and other organic compounds. Its stability and low reactivity make it suitable for use in chemical synthesis and as a reaction medium in organic chemistry. Additionally, it serves as a component in the formulation of coatings, adhesives, and cleaning agents, where its volatility and solvent properties are advantageous. In some cases, it is also employed as an intermediate in the production of more complex chemical compounds.