2,2'-Dibromo-1,1'-binaphthyl is a key intermediate in the synthesis of chiral ligands, such as BINAP derivatives, used in asymmetric catalysis. Its axially chiral binaphthyl backbone provides a rigid framework for inducing enantioselectivity in catalytic reactions, including hydrogenation, carbon-carbon bond formation, and oxidation processes. This compound is essential for producing enantiomerically pure pharmaceuticals, agrochemicals, and fine chemicals. Additionally, it is employed in material science applications, leveraging its chiral properties for developing advanced optical materials and liquid crystals.