This compound is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where high enantioselectivity is required. It is commonly employed in the preparation of enantiomerically pure pharmaceuticals, agrochemicals, and fine chemicals. Its ability to form stable complexes with transition metals, such as palladium, rhodium, and iridium, makes it valuable in hydrogenation, hydroformylation, and other metal-catalyzed transformations. The dihydrochloride form enhances its solubility in aqueous or polar solvents, facilitating its use in diverse reaction conditions. Its rigid and sterically demanding structure contributes to excellent stereocontrol, making it a preferred choice for synthesizing complex molecules with precise chiral centers.