Used as a buffering agent in biochemical and biological research, it helps maintain stable pH levels in various solutions, particularly in cell culture media and electrophoresis. It is also employed in the formulation of cosmetics and personal care products, where it acts as a stabilizer and pH adjuster. Additionally, it finds use in the pharmaceutical industry for preparing buffer solutions in drug formulations and diagnostic assays. Its chelating properties make it suitable for use in metal ion sequestration in industrial processes.