Used as a strong alkaline agent in the production of soaps and detergents through saponification of fats and oils. Commonly applied in industrial cleaning products due to its ability to dissolve grease and oil residues. Employed in the manufacturing of potassium salts and in pH control for various chemical processes. Utilized in the food industry for washing or chemical peeling of fruits and vegetables. Also serves as an electrolyte in alkaline batteries and other electrochemical applications. Widely used in laboratories for titrations and neutralization reactions.