This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It is highly effective in facilitating enantioselective transformations, such as hydrogenation, cross-coupling, and allylic alkylation reactions. Its application is crucial in the synthesis of pharmaceuticals, where achieving high enantiomeric purity is essential. The ligand's structure, with its electron-rich and sterically demanding groups, enhances selectivity and efficiency in producing chiral compounds. It is also employed in the development of fine chemicals and agrochemicals, where precise stereochemical control is required.