This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where high enantioselectivity is required. It is often employed in the formation of chiral centers in organic molecules, making it valuable in the production of pharmaceuticals and fine chemicals. Its robust structure and ability to interact with metal catalysts enhance the efficiency and selectivity of reactions such as hydrogenation, carbon-carbon bond formation, and oxidation processes. Additionally, its trifluoromethyl groups contribute to its stability and reactivity in various organic transformations, making it a versatile tool in synthetic chemistry.