Used primarily as an ester-based solvent and chemical intermediate in specialty formulations. Its balanced polarity and moderate volatility make it suitable for coatings, adhesives, and inks where controlled drying and good solvency are required. It can act as a plasticizer modifier in polymer systems, improving flexibility and processability without significantly compromising hardness. Also explored in controlled-release systems and cosmetics due to its low irritation potential and favorable biodegradation profile. Its hydrolytic stability under mild conditions supports use in formulations requiring extended shelf life.