This compound is primarily utilized in asymmetric synthesis as a chiral catalyst or reagent. It is particularly effective in facilitating enantioselective reactions, such as hydrogenation, transfer hydrogenation, and other organic transformations where high stereocontrol is required. Its structure, featuring a chiral center and a mesityl group, enhances its stability and selectivity in catalytic processes. The hexafluorophosphate counterion improves solubility in organic solvents, making it suitable for use in non-aqueous reaction systems. It is often employed in the synthesis of pharmaceuticals, fine chemicals, and other complex molecules where precise chiral induction is critical. Additionally, its robust nature allows for reuse in certain catalytic cycles, contributing to cost efficiency in industrial applications.