This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in hydrogenation reactions. It plays a crucial role in the synthesis of enantiomerically pure compounds, which are essential in the pharmaceutical industry for producing drugs with high specificity and reduced side effects. Its application extends to the production of fine chemicals and agrochemicals, where precise stereochemistry is required. The ligand’s effectiveness in controlling the stereochemical outcome of reactions makes it valuable in research and industrial processes aiming for high enantioselectivity.