Used primarily in the synthesis of oximes, which are key intermediates in the production of pesticides, pharmaceuticals, polymers, and caprolactam (a precursor to nylon-6). Plays an important role in organic synthesis as a nucleophile and reducing agent. Commonly employed in the conversion of ketones and aldehydes to their corresponding oximes for analytical and industrial purposes. Acts as a stabilizer in some polymerization processes and in the treatment of metal surfaces to prevent oxidation. In the electronics industry, it is used for cleaning and etching semiconductor components due to its ability to dissolve certain metal oxides, such as those of copper and iron. In biochemical applications, it serves as a reagent for modifying carbonyl groups and studying enzyme mechanisms. Additionally, it finds use in the production of antioxidants.