Used as a buffering agent in various pharmaceutical formulations to maintain stable pH levels. It is also employed in the production of cosmetics and personal care products, where it acts as a stabilizer and pH adjuster. In the field of industrial applications, it serves as a precursor in the synthesis of resins and polymers. Additionally, it is utilized in the manufacturing of detergents and cleaning agents to enhance their effectiveness. Its properties make it suitable for use in the preparation of emulsions and as a corrosion inhibitor in metalworking fluids.