This chemical is widely used in industrial and laboratory settings as a chelating agent due to its ability to bind and stabilize metal ions. It is particularly effective in water treatment processes, where it helps to prevent scale formation and corrosion by sequestering calcium, magnesium, and other metal ions. In the textile industry, it is employed to improve the efficiency of dyeing processes by ensuring uniform color distribution and enhancing the stability of dyes. Additionally, it finds application in cleaning formulations, where it aids in the removal of metal stains and hard water deposits. Its chelating properties also make it useful in the formulation of personal care products, such as shampoos and soaps, to enhance their performance in hard water conditions.