Primarily used as an intermediate in the synthesis of various chemical compounds, it plays a crucial role in the production of surfactants and detergents. Its ability to act as a solvent and stabilizer makes it valuable in the formulation of personal care products like shampoos, conditioners, and lotions. Additionally, it is employed in the manufacturing of pharmaceuticals, where it serves as a building block for active ingredients. In industrial applications, it is utilized in the creation of corrosion inhibitors and as a component in gas treatment processes to remove acidic impurities. Its versatility also extends to the textile industry, where it aids in dyeing and finishing processes.