Used primarily as a preservative in industrial applications, this chemical effectively prevents the growth of fungi, bacteria, and other microorganisms in materials like wood, textiles, and adhesives. It is also employed in the synthesis of certain herbicides and pesticides, aiding in the control of unwanted vegetation and pests in agricultural settings. In water treatment processes, it helps in disinfecting and maintaining the quality of water by eliminating harmful organisms. Additionally, it finds use in the production of specialty chemicals and intermediates in the pharmaceutical industry.