This chemical is primarily utilized as a ligand in various catalytic processes, particularly in transition metal-catalyzed reactions. Its unique steric and electronic properties make it highly effective in facilitating cross-coupling reactions, such as Suzuki-Miyaura and Heck reactions, which are essential in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. The ligand's bulky tert-butyl groups enhance the stability and reactivity of the metal center, improving the efficiency and selectivity of the catalytic process. Additionally, it is employed in the development of advanced materials and in organic synthesis, where precise control over reaction pathways is crucial. Its application extends to research and industrial settings, contributing to the production of complex molecular structures with high precision.