This chemical is primarily used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It plays a significant role in the formation of chiral centers in organic molecules, making it valuable in the production of pharmaceuticals, agrochemicals, and fine chemicals. Its application extends to metal-catalyzed reactions, such as asymmetric hydrogenation and carbon-carbon bond formation, where it helps achieve high enantiomeric purity in the final products. Additionally, it is utilized in the development of chiral catalysts for industrial processes, enhancing the efficiency and selectivity of chemical transformations.