This chemical is primarily used as a ligand in catalytic processes, particularly in asymmetric synthesis. It plays a crucial role in facilitating enantioselective reactions, which are essential for producing chiral compounds in pharmaceuticals and fine chemicals. Its unique structure allows it to coordinate with transition metals, enhancing the efficiency and selectivity of catalytic reactions. This makes it valuable in the synthesis of complex organic molecules, including active pharmaceutical ingredients (APIs) and specialty chemicals. Additionally, its application extends to research and development in organic chemistry, where it aids in the exploration of new catalytic pathways and reaction mechanisms.