This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where high enantioselectivity is required. It is often employed in transition metal-catalyzed processes, such as hydrogenation, carbon-carbon bond formation, and oxidation reactions. Its unique structure provides excellent steric and electronic control, making it effective in producing optically active compounds with high purity. Additionally, it is used in the preparation of pharmaceuticals and fine chemicals, where precise chiral induction is critical for achieving desired biological activity or material properties. Its robustness and efficiency in asymmetric catalysis have made it a valuable tool in organic synthesis and industrial applications.