This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It is highly effective in facilitating enantioselective transformations, such as hydrogenation, cross-coupling, and allylic substitution reactions. Its unique structure, featuring ferrocene and dicyclohexylphosphine groups, provides excellent steric and electronic control, enabling the production of chiral molecules with high enantiomeric excess. This makes it valuable in the synthesis of pharmaceuticals, fine chemicals, and agrochemicals, where precise stereochemistry is critical. Additionally, its robustness and stability under various reaction conditions make it a preferred choice for industrial and academic research applications.