This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where stereoselectivity is crucial. It is often employed in the formation of carbon-carbon and carbon-heteroatom bonds, enhancing the efficiency and selectivity of the process. Its application is significant in the pharmaceutical industry for the synthesis of enantiomerically pure compounds, which are essential for developing active pharmaceutical ingredients with desired therapeutic effects. Additionally, it is used in organic chemistry research to study and optimize stereochemical outcomes in complex reactions.