This chemical is widely utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. Its sterically hindered structure and chiral centers make it effective in facilitating the formation of chiral compounds with high enantiomeric purity. It is often employed in transition metal-catalyzed reactions, such as asymmetric hydrogenation and carbon-carbon bond-forming reactions, which are essential in the production of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, its robustness and stability under various reaction conditions make it a preferred choice in industrial and academic research for developing novel catalytic processes.