Polylactic acid (PLA) is a thermoplastic polyester that has received widespread attention for its environmentally friendly origin and excellent performance, and its potential to address the current problems of severe white pollution and scarcity of petroleum resources. This article focuses on the synthesis, modification, degradation and application of PLA. The main focus is on the modification of PLA with different environmentally friendly materials (natural organic materials, biodegradable polymers, inorganic minerals) in blends for defects such as the brittleness of PLA. In addition, the applications of PLA composites in the fields of construction, medical, packaging and oil and water separation are also introduced, which hopefully will provide some help to the promotion of PLA.