This chemical is primarily used as a chiral resolving agent in the separation of enantiomers in organic synthesis. It is particularly effective in forming diastereomeric salts with racemic mixtures, allowing for the purification of optically active compounds. Its application is crucial in the pharmaceutical industry, where the production of single-enantiomer drugs is often necessary to ensure efficacy and reduce side effects. Additionally, it serves as a valuable tool in research laboratories for studying stereochemistry and developing chiral catalysts. Its high enantioselectivity makes it a preferred choice for resolving complex organic molecules.