Widely used as a ligand in transition metal catalysis, particularly in cross-coupling reactions such as Suzuki-Miyaura and Buchwald-Hartwig reactions. Its sterically demanding and electron-rich structure enhances the efficiency and selectivity of palladium-catalyzed processes. Commonly employed in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals due to its ability to facilitate the formation of carbon-carbon and carbon-heteroatom bonds under mild conditions. Also utilized in the development of new catalytic systems for organic transformations, contributing to advancements in green chemistry and sustainable synthesis methods.