This chemical is primarily used as a ligand in transition metal catalysis, particularly in palladium-catalyzed cross-coupling reactions. Its unique structure, featuring a dicyclohexylphosphine group and a ketal-protected ketone, makes it effective in stabilizing metal complexes and enhancing catalytic activity. It is often employed in the synthesis of complex organic molecules, including pharmaceuticals and fine chemicals, due to its ability to facilitate selective and efficient bond-forming processes. Additionally, its ketal group provides stability under various reaction conditions, making it suitable for use in multi-step synthetic routes.