This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in hydrogenation reactions. It plays a crucial role in the synthesis of enantiomerically pure compounds, which are essential in the production of pharmaceuticals, agrochemicals, and fine chemicals. Its unique structure and stereochemistry enable high selectivity and efficiency in catalytic processes, making it valuable for creating complex molecules with specific chiral centers. Additionally, it is employed in academic and industrial research to develop new catalytic methods and optimize existing ones for enhanced performance and sustainability.