This chemical is widely used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions such as hydrogenation, oxidation, and carbon-carbon bond formation. Its ability to induce chirality in products makes it valuable in the production of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, it serves as a key component in the development of chiral catalysts for enantioselective transformations, enhancing the efficiency and selectivity of synthetic processes. Its application extends to materials science, where it contributes to the creation of chiral polymers and advanced functional materials.