Application pools allow you to isolate your applications from one another, even if they are running on the same server.
An Application Pool can contain one or more applications and allows us to configure a level of isolation between different Web applications. For example, if you want to isolate all the Web applications running in the same computer, you can do this by creating a separate application pool for every Web application and placing them in their corresponding application pool. Because each application pool runs in its own worker process, errors in one application pool will not affect the applications running in other application pools.