This chemical is primarily utilized in the field of asymmetric synthesis, particularly as a chiral ligand or catalyst in organic reactions. Its unique structure, featuring a phosphepine core and chiral centers, makes it highly effective in facilitating enantioselective transformations. It is commonly employed in the synthesis of pharmaceuticals and fine chemicals, where precise control over stereochemistry is crucial. The compound's ability to induce high enantiomeric excess in products makes it valuable for producing optically active compounds, such as chiral drugs or intermediates. Additionally, it may be used in the development of advanced materials or as a tool in mechanistic studies to understand stereochemical outcomes in catalytic processes.