This chemical is primarily utilized in the field of asymmetric catalysis, particularly in the synthesis of chiral compounds. It serves as a key ligand in transition metal-catalyzed reactions, enabling the production of enantiomerically pure molecules. Its application is significant in the pharmaceutical industry, where it aids in the creation of active pharmaceutical ingredients (APIs) with high stereoselectivity. Additionally, it is employed in organic synthesis to facilitate complex transformations, such as carbon-carbon bond formations, with enhanced efficiency and precision. Its robust structure and chiral properties make it a valuable tool in the development of advanced materials and fine chemicals.