This chemical is primarily utilized in the field of organic synthesis as a chiral ligand or catalyst. Its unique structure, featuring a dihydrobenzo[d][1,3]oxaphosphole core, makes it effective in asymmetric catalysis, particularly in reactions where enantioselectivity is crucial. It is often employed in the synthesis of complex organic molecules, including pharmaceuticals, where controlling the stereochemistry of the product is essential. Additionally, its sterically hindered and electron-rich aromatic system enhances its ability to stabilize transition states in catalytic cycles, improving reaction efficiency and selectivity.