This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It plays a crucial role in enantioselective hydrogenation, where it helps produce chiral molecules with high optical purity. Its application is significant in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals, where achieving specific stereochemistry is essential. The ligand’s bulky and electron-rich structure enhances selectivity and efficiency in catalytic processes, making it valuable for complex organic transformations. Additionally, it is employed in research and development to explore new catalytic methodologies and optimize existing synthetic routes.