Used as a preservative in biological specimens to maintain their structure for study. Employed in the production of resins, such as urea-formaldehyde and phenol-formaldehyde, which are essential in manufacturing adhesives for wood products like plywood and particleboard. Acts as a disinfectant and sterilizing agent in medical and laboratory settings to eliminate bacteria, viruses, and fungi. Utilized in the textile industry to enhance fabric durability and wrinkle resistance. Applied in embalming fluids to preserve deceased bodies for funeral purposes. Serves as a chemical intermediate in the synthesis of various industrial compounds, including plastics, coatings, and synthetic fibers. Used in the production of vaccines to inactivate viruses and toxins, ensuring safety and efficacy.