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 transformations, such as hydrogenation, cross-coupling, and allylic substitution reactions, enabling the synthesis of chiral molecules with high enantiomeric purity. Its sterically demanding and electronically tailored structure enhances selectivity and efficiency in forming complex organic compounds, making it valuable in pharmaceutical synthesis and fine chemical production. Additionally, it is employed in academic and industrial research to develop novel catalytic processes for constructing stereocenters in biologically active molecules.