Used as an intermediate in organic synthesis, particularly in the production of specialty solvents and plasticizers. Its structure allows for good solvency and compatibility with various polymers, making it useful in coatings, adhesives, and resin formulations. Exhibits low volatility and high stability, which enhances performance in industrial applications requiring durable solvent properties. Also employed in the formulation of printing inks and cleaning solutions due to its balanced evaporation rate and effectiveness in dissolving polar and non-polar substances.