This chemical is widely used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions such as hydrogenation, allylic alkylation, and Diels-Alder reactions. Its ability to induce chirality in products makes it valuable in the production of enantiomerically pure pharmaceuticals and fine chemicals. Additionally, it is employed in the development of chiral catalysts for organic transformations, enhancing selectivity and efficiency in complex synthetic pathways. Its robust structure and high enantioselectivity also make it suitable for use in materials science, particularly in the design of chiral polymers and liquid crystals.