This chemical is widely used as a catalyst in the production of polyurethane foams. It helps in controlling the reaction between isocyanates and polyols, ensuring the foam forms with the desired properties such as density, flexibility, and hardness. Additionally, it is employed in the synthesis of various organic compounds where its properties as a base and a ligand are utilized. In industrial applications, it serves as a corrosion inhibitor, particularly in metalworking fluids, to protect metal surfaces from degradation. It also finds use in the formulation of coatings and adhesives, where it enhances performance and durability.