This chemical is primarily used 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, allylic alkylation, and other carbon-carbon bond-forming reactions. Its unique steric and electronic properties make it effective in controlling the stereochemistry of the reaction products, which is crucial in the synthesis of pharmaceuticals and fine chemicals. Additionally, it is utilized in the development of advanced materials and polymers where precise chiral induction is necessary for achieving desired properties.