Primarily used as an inhalation anesthetic in medical settings, this compound provides rapid induction and recovery due to its low blood-gas solubility. It is often employed in surgeries requiring precise control over anesthesia depth. Additionally, its stability and non-flammability make it suitable for use in environments where safety is a critical concern. In veterinary medicine, it is also utilized for anesthesia in animals, offering similar benefits of quick onset and minimal side effects. Its application extends to research laboratories for studies involving anesthetic mechanisms and effects. Furthermore, it finds use in industrial processes as a refrigerant or solvent in controlled environments, leveraging its chemical stability and safety profile.