This chemical is primarily used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is effective in facilitating the formation of chiral centers in organic molecules, making it valuable in the production of pharmaceuticals and fine chemicals. Its application extends to metal-catalyzed reactions, such as hydrogenation and carbon-carbon bond formation, where it helps achieve high enantiomeric purity. Additionally, it is employed in the development of chiral catalysts and as a building block for complex molecular structures in organic chemistry research.