Used as a ligand in various catalytic processes, particularly in transition metal-catalyzed reactions. It plays a significant role in cross-coupling reactions, such as Suzuki-Miyaura and Heck reactions, enhancing efficiency and selectivity. Also employed in the synthesis of complex organic molecules, including pharmaceuticals and fine chemicals. Its phosphine and amine functional groups make it a versatile component in coordination chemistry, aiding in the stabilization of metal complexes. Additionally, it finds application in material science for the development of advanced polymers and catalysts.