This chemical is primarily used in the field of biochemistry and molecular biology as a chelating agent. It effectively binds to metal ions, making it useful in various laboratory applications where the removal or control of metal ions is necessary. It is often employed in buffer solutions to stabilize enzymatic reactions by preventing metal ion interference. Additionally, it finds use in the purification of proteins and nucleic acids, where it helps to eliminate contaminants that could affect the quality of the final product. In industrial settings, it is utilized in water treatment processes to sequester metal ions, thereby preventing scale formation and improving water quality. Its chelating properties also make it valuable in the formulation of certain cleaning agents and detergents, where it aids in the removal of metal stains and deposits.