This chemical is widely used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions such as hydrogenation, epoxidation, and Diels-Alder reactions. Its ability to induce chirality makes it valuable in the production of enantiomerically pure pharmaceuticals, ensuring high selectivity and efficiency in drug synthesis. Additionally, it is employed in the development of advanced materials, including liquid crystals and polymers, where precise stereochemical control is essential. Its robust structure and chiral properties also make it a key component in research focused on chiral recognition and separation processes.