Used primarily as a ligand in organometallic chemistry, it facilitates the stabilization of metal complexes, particularly in catalytic processes. Its bulky structure helps in controlling the steric environment around the metal center, enhancing selectivity in reactions like hydrogenation and cross-coupling. Additionally, it finds application in the synthesis of phosphine-based materials, contributing to the development of advanced polymers and coordination compounds. Its thermal and chemical stability makes it suitable for high-temperature applications in material science.