Used as an intermediate in the synthesis of various organic compounds, particularly in the production of plasticizers, lubricants, and surfactants. It plays a role in the manufacturing of polymers and resins, where its properties help improve flexibility and durability. Additionally, it is utilized in the formulation of industrial cleaning agents and coatings due to its ability to act as a solvent and emulsifier. In some cases, it is also employed in the development of specialty chemicals for the pharmaceutical and agrochemical industries.