Used primarily as a solvent and extractant in the separation and purification of metals, particularly in hydrometallurgical processes. It plays a key role in the extraction of rare earth elements, uranium, and other valuable metals from ores and industrial waste. Additionally, it is employed in the production of corrosion inhibitors and surfactants, where its properties help enhance the stability and efficiency of these formulations. In the chemical industry, it is also utilized as an intermediate in the synthesis of various organic compounds.