This chemical is widely 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 robust structure and steric properties make it suitable for achieving high enantiomeric excess in the synthesis of pharmaceuticals and fine chemicals. Additionally, it is employed in the production of chiral intermediates for agrochemicals and other specialty chemicals, where precise stereocontrol is critical. Its application extends to research and development in organic synthesis, where it aids in the discovery of novel catalytic processes.