Bis(diphenylphosphino)methane is widely used as a ligand in coordination chemistry, particularly in the formation of transition metal complexes. It plays a crucial role in catalysis, especially in processes like hydrogenation, hydroformylation, and carbonylation reactions. Its ability to stabilize metal centers makes it valuable in the synthesis of organometallic compounds. Additionally, it is employed in the development of phosphine-based materials for optoelectronics and as a building block in supramolecular chemistry. Its versatility also extends to its use in asymmetric synthesis, where it helps in creating chiral environments for enantioselective transformations.