This chemical is widely used as a buffering agent in biochemical and molecular biology applications. It is particularly effective in maintaining stable pH levels in various experimental conditions, such as protein purification and enzyme assays. Its ability to resist pH changes makes it suitable for use in electrophoresis and chromatography techniques. Additionally, it is utilized in cell culture media to provide a consistent environment for cell growth and viability. The compound's stability and compatibility with biological systems also make it a preferred choice in diagnostic kits and reagent formulations.