This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in the synthesis of enantiomerically pure compounds. Its unique structure and stereochemistry make it highly effective in facilitating enantioselective reactions, such as hydrogenation, carbon-carbon bond formation, and other transformations critical in pharmaceutical and fine chemical industries. The compound’s stability and ability to induce high enantiomeric excess in products make it valuable for producing drugs, agrochemicals, and specialty chemicals with specific chiral requirements. Additionally, it is employed in research and development to explore new catalytic processes and optimize existing methodologies for enhanced efficiency and selectivity.