Widely used as a ligand in asymmetric catalysis, particularly in hydrogenation reactions, where it facilitates the production of chiral compounds with high enantioselectivity. Its application is crucial in the pharmaceutical industry for synthesizing active pharmaceutical ingredients (APIs) with specific stereochemistry. Additionally, it is employed in the development of fine chemicals and agrochemicals, enabling the creation of complex molecules with precise control over their three-dimensional structure. The ligand's robust and sterically demanding nature makes it effective in stabilizing metal complexes, enhancing reaction efficiency and selectivity.