Used as a buffering agent in biochemical and molecular biology applications, it helps maintain stable pH levels in various experimental setups. It is particularly useful in electrophoresis and chromatography techniques where precise pH control is critical. Additionally, it serves as a zwitterionic compound in the formulation of cosmetics and personal care products, enhancing stability and compatibility with other ingredients. In industrial processes, it acts as a surfactant and corrosion inhibitor, protecting metal surfaces and improving the efficiency of cleaning agents.