This chemical is widely used as a corrosion inhibitor in various industrial applications, particularly in metalworking fluids and lubricants. It helps protect metal surfaces from rust and degradation, extending the lifespan of machinery and equipment. Additionally, it is employed in the formulation of cutting oils and hydraulic fluids, where it enhances performance by reducing friction and wear. Its surfactant properties also make it useful in the production of detergents and cleaning agents, where it aids in emulsifying oils and greases. In the petroleum industry, it is utilized as an additive to improve the efficiency of fuel and oil products. Its ability to stabilize formulations and prevent corrosion makes it a valuable component in a range of industrial and manufacturing processes.