This chemical is widely used as a ligand in coordination chemistry and catalysis, particularly in transition metal-catalyzed reactions. It is effective in forming stable complexes with metals like palladium, platinum, and rhodium, which are essential for cross-coupling reactions, hydrogenation, and hydroformylation processes. Its structure, featuring phosphine groups, enhances the selectivity and efficiency of these catalytic systems. Additionally, it is employed in the synthesis of fine chemicals, pharmaceuticals, and organic materials, where precise control over reaction pathways is critical. Its robust design also makes it suitable for applications in asymmetric synthesis, enabling the production of chiral compounds with high enantiomeric purity.