This chemical is widely used in the formulation of adhesives and coatings due to its excellent film-forming properties and adhesion capabilities. It is particularly effective in creating durable and flexible films, making it suitable for applications in paints, varnishes, and protective coatings. Additionally, it is utilized in the production of pressure-sensitive adhesives, where it enhances tackiness and cohesion. In the pharmaceutical industry, it serves as a stabilizer and binder in tablet formulations, ensuring consistent drug release. Its water-soluble nature also makes it valuable in personal care products, such as hair styling gels and creams, where it provides texture and hold. Furthermore, it is employed in the textile industry as a sizing agent to improve fabric strength and smoothness during processing.