This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex chemical entities. Its structure, featuring both a quinoline core and a benzyloxy group, makes it particularly useful in the development of pharmaceuticals, especially in the synthesis of compounds with potential therapeutic properties. Researchers often employ it in the creation of molecules that exhibit biological activity, such as anti-inflammatory or anticancer agents. Additionally, its unique chemical properties allow it to be used in the study of fluorescence and photophysical processes, making it valuable in materials science for the development of organic light-emitting diodes (OLEDs) and other optoelectronic devices.