Widely used as a disinfectant and preservative in medical laboratories and morgues due to its ability to fix tissues and prevent decay. Commonly employed in the production of industrial resins, such as urea-formaldehyde and phenol-formaldehyde, which are key components in plywood, particleboard, and other wood composites. Utilized in the manufacturing of textiles to provide permanent-press qualities and resistance to wrinkles. Plays a role in the formulation of adhesives and binders for construction materials. Also used in some cosmetic products as a preservative, though its use is limited due to health concerns. In agriculture, applied as a fumigant and sterilizing agent for soil and equipment. Additionally, serves as a chemical intermediate in the synthesis of various industrial chemicals and pharmaceuticals.