Used primarily as a chelating agent in various industrial and laboratory applications, this chemical effectively binds and neutralizes metal ions, preventing them from interfering with processes. It is commonly employed in water treatment to soften hard water by sequestering calcium and magnesium ions. In the textile industry, it aids in dyeing processes by stabilizing metal ions that could otherwise affect color quality. Additionally, it finds use in cleaning formulations, where it enhances the effectiveness of detergents by removing metal deposits. In analytical chemistry, it serves as a reagent for complexometric titrations, ensuring accurate metal ion detection. Its ability to stabilize metal ions also makes it valuable in cosmetics and pharmaceuticals, where it helps maintain product integrity and shelf life.