It is colorless liquid with smell like chloroform.
It is easily volatile and unstable. It is miscible with ethanol, ether, chloroform, trichloroethylene and carbon tetrachloride. It is insoluble in water and not miscible with petroleum hydrocarbons. It has relative density of （d204）1.1812, melting point of -25.6 ℃, boiling point of 117.9℃, refractive index of（n25D)1.43585, and flash point (open cup) of 40℃. It is combustible, moderately toxic, has median lethal dose of 90～210mG/kG (rat, oral), and anesthetic action.
It is used to manufacture epoxy resin and TGIC. It is also a stabilizer of oxygen-containing substances and chemical intermediate. It is the main raw material of epoxy and phenoxy resin. It is used to manufacture glycerin, vulcanized propenyl rubber, solvent of cellulose ester and ether, and high wet strength resin in paper industry.