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 the synthesis of pharmaceuticals, where it aids in the production of active pharmaceutical ingredients (APIs) by providing a stable medium for chemical reactions. Additionally, it is employed in the manufacturing of agrochemicals, helping to formulate pesticides and herbicides with improved efficacy. Its role as a solvent extends to the electronics industry, where it is used in the production of specialty coatings and adhesives. Furthermore, it serves as an intermediate in organic synthesis, contributing to the creation of complex molecules used in research and development.