Used as a ligand in transition metal catalysis, particularly in cross-coupling reactions such as Suzuki-Miyaura and Buchwald-Hartwig amination. Its sterically hindered structure enhances selectivity and efficiency in forming carbon-carbon and carbon-nitrogen bonds. It is also employed in the synthesis of pharmaceuticals and fine chemicals, where precise control over reaction pathways is crucial. Additionally, it finds use in the development of advanced materials and organometallic compounds.