This chemical is primarily utilized in the field of organic synthesis, particularly in the development of advanced materials and pharmaceuticals. Its structure, featuring a dinaphthalene core and a chiral phenylethylamine moiety, makes it valuable for constructing complex molecules with specific stereochemical properties. It is often employed as a building block or intermediate in the synthesis of chiral compounds, which are crucial in drug development for targeting specific biological pathways with high precision. Additionally, its unique aromatic system can contribute to the design of organic semiconductors or optoelectronic materials, where controlled electron delocalization is essential. Researchers also explore its potential in catalysis, leveraging its chiral center to induce enantioselective reactions, which are vital for producing optically active substances in industries such as agrochemicals and fine chemicals.