This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. Its unique structure, featuring diphenylphosphine and trifluoromethyl groups, makes it highly effective in facilitating enantioselective transformations. It is commonly employed in hydrogenation, carbon-carbon bond-forming reactions, and other processes where high enantiomeric purity is desired. The ligand's ability to coordinate with metals like rhodium or iridium enhances the selectivity and efficiency of the catalytic system, making it valuable in the synthesis of pharmaceuticals, fine chemicals, and other complex organic molecules. Its steric and electronic properties are tailored to optimize performance in challenging asymmetric syntheses.