This chemical is primarily used as a ligand in transition metal catalysis, particularly in cross-coupling reactions such as Suzuki-Miyaura and Buchwald-Hartwig reactions. Its bulky and electron-rich structure enhances the stability and reactivity of the metal complexes, making it highly effective in facilitating the formation of carbon-carbon and carbon-nitrogen bonds. It is widely applied in pharmaceutical synthesis for the production of complex organic molecules, including active pharmaceutical ingredients (APIs). Additionally, it is utilized in materials science for the development of advanced polymers and fine chemicals. Its robust performance in challenging reactions makes it a valuable tool in both academic research and industrial applications.