Widely used as a ligand in transition metal-catalyzed reactions, this compound plays a key role in homogeneous catalysis. Its phosphine group coordinates effectively with metals like palladium, platinum, and nickel, enhancing catalytic activity and selectivity. It is particularly valuable in cross-coupling reactions such as Suzuki–Miyaura and Heck reactions, where it helps form carbon–carbon bonds under mild conditions. The imidazole ring contributes to stability and solubility, making the ligand suitable for use in a variety of solvents and reaction environments. Due to its strong electron-donating properties and steric profile, it supports efficient catalytic cycles with reduced metal loading and improved yields. It is also explored in asymmetric synthesis and catalysis where fine ligand tuning is required.