Wood stands as a cornerstone of renewable resources, offering sustainability and versatility. Today, its potential is exponentially broadened by creative integration with polymers and resins. This chapter delves into groundbreaking research, starting with a brief wood’s intrinsic structure and advancing through commercial wood modification technologies (thermal treatment, chemical modification, and impregnation modification), their characteristics, and industrial perspectives. Furthermore, the chapter introduces advanced modifications of wood structures, focusing on more efficient, scalable, and energy-saving top-down technologies. These innovations will highlight the development of wood composites with futuristic functionalities and diverse applications, such as phase-change energy storage, hydrogels, and transparent wood composites.