Used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions such as hydrogenation and hydroformylation. It enables high enantioselectivity in the synthesis of pharmaceutical intermediates and fine chemicals. Commonly applied in the production of optically active compounds where stereochemistry is critical, such as in agrochemicals and bioactive molecules. Its rigid structure enhances stereocontrol, making it valuable in industrial and academic research settings for developing efficient asymmetric synthetic routes.