Used as a catalyst in organic synthesis, particularly in reactions requiring mild basic conditions. It facilitates the formation of carbon-carbon and carbon-heteroatom bonds in various chemical processes. Commonly employed in the production of pharmaceuticals and fine chemicals due to its stability and solubility in water. Also utilized in the development of ionic liquids for green chemistry applications, where it acts as a precursor or additive to enhance reaction efficiency. Additionally, it finds use in analytical chemistry as a buffer or reagent in specific assays.