This chemical is widely used as a chiral ligand in asymmetric catalysis, particularly in enantioselective synthesis reactions. It plays a crucial role in the development of pharmaceuticals, where it helps in the production of optically active compounds. Its application extends to organic transformations such as hydrogenation, carbon-carbon bond formation, and oxidation reactions, where high enantioselectivity is required. Additionally, it is employed in the synthesis of fine chemicals and agrochemicals, enabling the creation of products with specific stereochemical properties. Its robust structure and high steric hindrance make it effective in controlling the stereochemistry of complex reactions.