A colorless liquid with a mild pleasant aromatic odor. It is slightly water-soluble and is used as a solvent and preservative.
Pharmaceuticals: Used as a bacteriostatic preservative in injectables and as a local anesthetic; Paints & Coatings: Acts as a solvent in epoxy resin systems; Cosmetics: Preservative in lotions, shampoos, and creams; Fragrances: Fixative for aroma compounds.