Widely used as a solvent in various industrial applications due to its excellent solvency properties. It is particularly effective in the production of polymers, resins, and coatings, where it helps in achieving uniform consistency and smooth finishes. In the electronics industry, it is utilized in the manufacturing of semiconductors and printed circuit boards, aiding in the cleaning and stripping processes. Additionally, it serves as a key component in the formulation of adhesives, inks, and dyes, enhancing their performance and stability. Its ability to dissolve a wide range of substances makes it a valuable chemical in pharmaceuticals for drug formulation and delivery systems.