This chemical is primarily used as a solvent in various industrial applications due to its ability to dissolve a wide range of substances. It is particularly effective in formulations requiring stable and non-reactive solvents, such as in the production of paints, coatings, and inks. Its properties make it suitable for use in cleaning agents and degreasers, where it helps remove oils, greases, and other contaminants from surfaces. Additionally, it is utilized in the synthesis of specialty chemicals and as a component in certain adhesive formulations, where it aids in achieving desired viscosity and performance characteristics. Its compatibility with other chemicals and stability under different conditions make it a versatile choice in industrial processes.