This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It plays a significant role in enantioselective synthesis, helping to produce chiral compounds with high optical purity. It is often employed in hydrogenation, carbon-carbon bond formation, and other transformations where asymmetric induction is critical. Its application is valuable in pharmaceutical and fine chemical industries for the production of enantiomerically pure drugs and intermediates. The ligand’s unique structure provides excellent steric and electronic properties, enhancing the efficiency and selectivity of catalytic processes.