Used primarily as a preservative in food products, it helps extend shelf life by inhibiting the growth of bacteria and fungi. In the pharmaceutical industry, it serves as an excipient in drug formulations to enhance stability and efficacy. Additionally, it finds application in the production of cosmetics, where it acts as a buffering agent to maintain product pH. In industrial settings, it is utilized in the synthesis of various organic compounds and as a corrosion inhibitor in metal treatment processes. Its antimicrobial properties also make it valuable in agricultural applications for protecting crops from microbial infections.