This chemical is primarily used as a corrosion inhibitor in industrial cooling water systems. It effectively protects metal surfaces, particularly copper and its alloys, from corrosion by forming a protective layer. Additionally, it is utilized as a stabilizer in polymer production, helping to enhance the durability and performance of materials. In the field of electroplating, it serves as an additive to improve the quality and adhesion of metal coatings. Its ability to act as a chelating agent also makes it valuable in water treatment processes, where it helps to control scale formation and remove heavy metals.