This chemical is primarily used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where high enantioselectivity is required. It plays a crucial role in the development of pharmaceuticals, enabling the production of enantiomerically pure compounds, which are essential for drug efficacy and safety. Its application extends to the synthesis of complex organic molecules, including natural products and fine chemicals, where precise stereochemical control is critical. Additionally, it is employed in research and development for exploring new catalytic processes and optimizing reaction conditions to achieve better yields and selectivity.