Abstract: Furfuryl alcohol is prepared from corn and wheat processing residues. The stable furan ring structure and hydroxymethyl make furfuryl alcohol have better heat and water resistance and high activity, which makes it widely used in the preparation of biomass materials. Furfuryl alcohol was used to prepare wood adhesive and to study the modification of wood, which can effectively improve the high value utilization rate of wood. This paper mainly introduces the current situation of furfuryl alcohol resources, the chemical structure, the process and properties of self-polycondensation reaction of furfuryl alcohol or co-polycondensation of furfuryl alcohol with tannin, lignin and urea. The principle of modification of wood and bamboo with furfuryl alcohol resin prepared by self-polycondensation and the research status of furfuryl alcohol resin in the field of wood and bamboo modification were analyzed. Furthermore, the prospect of effective utilization of furfuryl alcohol resin for wood was put forward, which provides a new idea for further study of furfuryl alcohol in wood industry.