Used in drug delivery systems to enhance the solubility and stability of poorly soluble drugs. It forms inclusion complexes with various active pharmaceutical ingredients, improving their bioavailability. Applied in the development of controlled-release formulations, ensuring sustained drug release over time. Utilized in environmental remediation to encapsulate and remove pollutants from water. Also employed in analytical chemistry as a chiral selector for the separation of enantiomers in chromatography. In the food industry, it helps in the encapsulation of flavors and nutrients, protecting them from degradation. Additionally, it finds use in cosmetics for stabilizing active ingredients and improving product efficacy.