This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It plays a crucial role in facilitating enantioselective transformations, such as hydrogenation, cross-coupling, and allylic substitution reactions. Its unique structure, combining ferrocene and phosphine groups, enhances steric and electronic control, leading to high selectivity and efficiency in producing chiral molecules. This makes it valuable in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals, where precise stereochemistry is essential for activity and functionality. Its application contributes to the development of more sustainable and cost-effective synthetic routes in organic chemistry.