Used primarily as an intermediate in organic synthesis, it plays a key role in the production of various chemicals, including surfactants and lubricants. Its application extends to the formulation of specialty solvents, particularly in industries requiring precise chemical reactions. Additionally, it serves as a building block in the manufacture of pharmaceuticals and agrochemicals, contributing to the development of active ingredients. In research, it is utilized for studying reaction mechanisms and developing new synthetic pathways. Its properties make it suitable for use in laboratory settings as a reagent or solvent in specific organic reactions.