This review article encompasses the progress and conventional overview of current research activities of porous organic polymers (POPs), especially in catalysis, as they have garnered colossal interest in the scientific fraternity due to their intriguing characteristic features. Various synthetic strategies with possible modification of functionality of POPs have been used to improve the catalytic efficiency towards value-added chemicals production. Accordingly, this review article is mainly focused on the design, development of various functionalized POPs by employing Friedel-Crafts alkylation, FeCl assisted oxidative polymerisation and polymerisation in nonaqueous medium, and a comprehensive understanding in potential catalytic applications namely, acetalization, hydrodeoxygenation (HDO), hydrogenation, coupling, photocatalytic hydrogen evolution and biomass conversion towards the production of value-added chemicals in biodiesel and chemical industries.