This chemical is widely used as a ligand in various catalytic processes, particularly in transition metal catalysis. It is highly effective in facilitating cross-coupling reactions, such as Suzuki-Miyaura and Buchwald-Hartwig couplings, due to its sterically demanding and electron-rich properties. Its bulky structure enhances selectivity and efficiency in forming carbon-carbon and carbon-heteroatom bonds, making it valuable in pharmaceutical and fine chemical synthesis. Additionally, it is employed in the development of advanced materials and in academic research to study catalytic mechanisms and optimize reaction conditions.