This chemical is primarily utilized in the field of asymmetric synthesis and catalysis. It serves as a chiral ligand in transition metal-catalyzed reactions, enabling the production of enantiomerically pure compounds. Its unique structure allows for high stereoselectivity, making it valuable in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, it is employed in organic transformations such as hydrogenation, cyclopropanation, and cross-coupling reactions, where precise control over stereochemistry is crucial. Its effectiveness in enhancing reaction efficiency and selectivity has made it a significant tool in modern synthetic chemistry.