This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where high enantioselectivity is required. It is effective in facilitating asymmetric hydrogenation, carbon-carbon bond formation, and other stereospecific transformations, making it valuable in the production of pharmaceuticals and fine chemicals. Its robust structure and steric properties enhance the selectivity and efficiency of the catalytic processes, ensuring the desired chiral products are obtained with high purity. Additionally, it is employed in the development of advanced materials and chiral sensors, where its unique stereochemical properties play a critical role.