This chemical is primarily used in asymmetric synthesis as a chiral auxiliary. It helps in controlling the stereochemistry of reactions, particularly in the formation of carbon-carbon bonds. It is often employed in the synthesis of complex organic molecules, including pharmaceuticals, where precise stereochemistry is crucial for biological activity. Additionally, it finds application in the preparation of enantiomerically pure compounds, which are essential in the development of drugs and fine chemicals. Its use in catalytic processes also enhances the efficiency and selectivity of chemical transformations.