Isopropylcyclopentane is primarily used as a solvent in various industrial applications due to its ability to dissolve a wide range of substances. It is commonly utilized in the formulation of paints, coatings, and adhesives, where it helps achieve the desired consistency and evaporation rate. Additionally, it serves as an intermediate in the synthesis of more complex chemical compounds, particularly in the production of specialty chemicals and pharmaceuticals. Its relatively low toxicity and volatility make it suitable for use in laboratories and manufacturing processes where safer alternatives are preferred.