It is a colorless to light yellow liquid with low volatility and low vapor pressure. Almost insoluble in water at room temperature, but soluble in various organic solvents such as methanol, ethanol, and dimethyl ether.

It has a wide range of applications in the industrial and medical fields. It is mainly used for synthesizing high-performance polyester resins, which have important applications in coatings, inks, adhesives, and other fields. It can also be used as a plasticizer to improve the flexibility and ductility of plastics.