Used primarily as a buffering agent in various biochemical and pharmaceutical applications, it helps maintain stable pH levels in solutions, ensuring optimal conditions for enzymatic reactions and cell cultures. In the cosmetic industry, it serves as a pH adjuster and stabilizer in skincare products, enhancing product efficacy and shelf life. Additionally, it is employed in electroplating processes to improve the quality and durability of metal coatings. Its water-soluble nature makes it a versatile component in formulations requiring consistent pH control and stability.