This chemical is primarily utilized in the field of asymmetric synthesis and catalysis, particularly in the development of chiral ligands for transition metal catalysts. Its unique structure, featuring spirobi[indene] and dichlorophenyl groups, makes it highly effective in facilitating enantioselective reactions, which are crucial in the production of pharmaceuticals and fine chemicals. The compound's ability to induce chirality in catalytic processes enhances the efficiency and selectivity of reactions such as hydrogenation, carbon-carbon bond formation, and oxidation. Additionally, it is explored in advanced material science for creating chiral polymers and frameworks with potential applications in sensors, separation technologies, and optoelectronic devices.