This chemical is primarily utilized as a ligand in catalytic processes, particularly in asymmetric synthesis and transition metal catalysis. Its unique structure, featuring a ferrocene backbone with multiple phenyl groups and a di-tert-butylphosphino substituent, enhances steric and electronic properties, making it highly effective in facilitating challenging chemical transformations. It is often employed in cross-coupling reactions, hydrogenation, and other organometallic reactions where precise control over stereochemistry and reactivity is required. Additionally, its stability and selectivity make it a valuable component in the development of pharmaceuticals and fine chemicals, where high enantiomeric purity is essential.