This chemical is primarily used as a chelating agent in water treatment processes, effectively binding to metal ions to prevent scaling and corrosion in industrial systems. It is also applied in the oil and gas industry to inhibit the formation of mineral deposits in pipelines and equipment. Additionally, it serves as a stabilizer in detergents and cleaning products, enhancing their performance by sequestering hard water ions. In agriculture, it is utilized to improve the efficiency of fertilizers by preventing the precipitation of phosphates in soil. Its ability to form stable complexes with metal ions makes it valuable in various industrial and environmental applications.