This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is often employed in transition metal-catalyzed processes, such as hydrogenation, carbon-carbon bond formation, and other stereospecific transformations. Its rigid and sterically demanding structure allows for high enantiomeric control, making it valuable in the production of pharmaceuticals and fine chemicals where specific stereochemistry is required. Additionally, it has been explored in the development of advanced materials and coordination polymers due to its ability to form stable complexes with metal ions.