This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. Its unique structure and chiral environment make it highly effective in enantioselective transformations, such as hydrogenation, cross-coupling, and allylic substitution reactions. It is often employed in the synthesis of pharmaceuticals and fine chemicals, where controlling the stereochemistry of the product is crucial. The compound’s ability to induce high enantioselectivity and yield makes it a valuable tool in organic synthesis, especially for producing optically active compounds. Additionally, its stability and compatibility with various metal catalysts enhance its utility in industrial and academic research settings.