Widely used as a chiral ligand in asymmetric catalysis, particularly in hydrogenation reactions. It is highly effective in producing enantiomerically pure compounds, which are crucial in the pharmaceutical industry for the synthesis of active pharmaceutical ingredients (APIs). Its robust structure and high selectivity make it a preferred choice for industrial-scale asymmetric hydrogenation of alkenes, ketones, and imines. Additionally, it finds application in the production of fine chemicals and agrochemicals, where precise stereochemical control is essential. Its versatility and efficiency in catalytic processes contribute significantly to advancements in green chemistry and sustainable manufacturing practices.