Used as a chelating agent in analytical chemistry and environmental analysis for the extraction and determination of trace and heavy metal ions such as copper, nickel, and iron. It forms stable complexes with metal ions, making it useful in spectrophotometric and electrochemical analysis. Also employed in biochemical and pharmacological research as an inhibitor of nuclear factor kappa B (NF-κB) and as an antioxidant, helping to prevent cell damage from free radicals, study inflammatory pathways, cellular responses, and chronic disease models such as neurological disorders, liver diseases, and diabetes. In agriculture, it acts as a fungicide and pesticide due to its ability to disrupt metal-dependent enzymes in pathogens. Additionally, it finds use in rubber and polymer industries as an accelerator in vulcanization processes.