Used as a chelating agent in industrial and laboratory settings, particularly effective in binding multivalent metal ions such as calcium, magnesium, iron, and copper. Commonly applied in water treatment to prevent scale formation and in detergents to enhance cleaning efficiency by sequestering metal ions that interfere with surfactants. Also utilized in biochemical research for its ability to stabilize metal-dependent enzyme reactions and in some pharmaceutical formulations to control metal-catalyzed degradation. Its structure allows for high selectivity and strong complex formation, making it suitable for precision applications in analytical chemistry and metal deactivation processes.