This chemical is primarily used as a disinfectant and preservative due to its strong antimicrobial properties. It is effective in controlling bacteria, fungi, and algae, making it suitable for use in industrial water systems, cooling towers, and as a preservative in various products like paints, adhesives, and textiles. Additionally, it finds application in the formulation of antiseptic solutions for medical and veterinary purposes. Its ability to inhibit microbial growth ensures the longevity and safety of treated materials and environments.