This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is often employed in transition metal-catalyzed processes, such as hydrogenation, to produce optically active compounds with high enantiomeric purity. Its rigid structure and chiral centers make it effective in inducing asymmetry in substrates, which is essential in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, it is used in the development of catalysts for organic transformations, enhancing the efficiency and selectivity of reactions like C-H activation and cross-coupling processes. Its application is particularly valuable in industries where the production of single enantiomer products is required for optimal biological activity or performance.