N-563 is widely used as a corrosion inhibitor in industrial applications, particularly in oil and gas production. It effectively protects metal surfaces from corrosive elements such as acids, water, and hydrogen sulfide, which are commonly encountered in pipelines and drilling equipment. Its application extends to cooling water systems, where it helps prevent scale formation and metal degradation, ensuring the longevity and efficiency of the infrastructure. Additionally, N-563 is utilized in the formulation of coatings and lubricants, providing enhanced protection and performance in harsh environments. Its stability and effectiveness make it a valuable component in maintaining the integrity of industrial systems.