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, to produce chiral compounds with high enantiomeric excess. Its rigid cyclohexane backbone and chiral oxazole moieties make it effective in controlling the stereochemistry of reactions, leading to the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, it is used in the development of novel catalysts for organic transformations, enhancing the efficiency and selectivity of complex synthetic pathways.