This chemical is primarily used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions such as hydrogenation, hydroformylation, and cross-coupling reactions. Its structure, featuring a diphenylphosphino group and an amino group, makes it effective in coordinating with transition metals like rhodium, palladium, and iridium to form highly selective catalysts. These catalysts are crucial in producing enantiomerically pure compounds, which are valuable in the pharmaceutical industry for synthesizing active pharmaceutical ingredients (APIs) with specific stereochemistry. Additionally, it finds applications in the development of fine chemicals and agrochemicals, where precise control over the stereochemistry of the products is essential. Its robust and stable nature under various reaction conditions further enhances its utility in industrial and academic research settings.