Used primarily in the pharmaceutical industry as an intermediate in the synthesis of various drugs, particularly those involving sulfonamide derivatives. It plays a role in the production of antibiotics, anti-inflammatory medications, and other therapeutic agents. Additionally, it is employed in organic chemistry research as a reducing agent in specific reactions, aiding in the transformation of nitro compounds to amines. Its water-soluble nature makes it suitable for use in aqueous solutions, enhancing its versatility in laboratory and industrial applications.