This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in the synthesis of pharmaceuticals and fine chemicals. Its unique structure, featuring a ferrocene backbone and phosphine groups, allows it to effectively induce chirality in catalytic reactions, such as hydrogenation, cross-coupling, and carbon-carbon bond formation. The presence of tert-butyl and methoxy-dimethylphenyl groups enhances its steric and electronic properties, making it highly selective and efficient in producing enantiomerically pure compounds. It is especially valuable in the production of chiral intermediates for drugs, agrochemicals, and other bioactive molecules, where high enantioselectivity is critical.