As a by-product of lignocellulosic depolymerization for furfural production, furfural residue (FR) is composed of residual cellulose, lignin, humic acid, and other small amounts of materials, which have high reuse value. However, due to the limitation of furfural production scale and production technology, the treatment of FR has many problems such as high yield, concentrated stacking, strong acidity, and difficult degradation. This leads to the limited treatment methods and high treatment cost of furfural residue. At present, most of the furfural enterprises can only be piled up at will, buried in soil, or directly burned. The air, soil, and rivers are polluted and the ecological balance is destroyed. Therefore, how to deal with furfural residue reasonably needs to be solved. In this review, value-added products for furfural residue conversion are described in detail in the fields of soil culture, catalytic hydrolysis, thermal decomposition, and porous adsorption. The future studies reporting the FR to convert value-added products could find guidance from this review to achieve specific goals.