Used as a buffering agent in pharmaceutical formulations to maintain stable pH levels, particularly in topical creams and ointments. Commonly found in cosmetic products to adjust and stabilize acidity, enhancing the efficacy and shelf life of formulations. Serves as an intermediate in the synthesis of surfactants and emulsifiers for personal care products. Also utilized in industrial cleaners and metalworking fluids to control corrosion and improve solubility of components.