Used primarily as a corrosion inhibitor in industrial lubricants and oils, it effectively protects metal surfaces from degradation caused by moisture and chemical exposure. In the petroleum industry, it serves as an additive to enhance the performance of fuels and lubricants by improving their stability and longevity. Additionally, it is employed in the formulation of coatings and paints to provide anti-corrosive properties, ensuring durability in harsh environments. Its surfactant properties also make it useful in emulsifiers and dispersants, aiding in the stabilization of mixtures in various chemical processes.