The current trends in environment protection and sustainable development demand the investigations in the field of searching new perspective sources for any production. Oat husks seems to be a perspective resource. Cellulose isolated from oat wastes can be used for the production of different materials such as hydro and aerogels, bacterial, nanocrystal and nanofibrillated cellulose, cellulose based composites and ethers. All these materials can be spent in different industries: production of pharmaceuticals, medicine (including targeted delivery of drugs, sponges etc.), agriculture (controlled delivery of pesticides or fertilizers), electronics, production of films, membranes, plastics, coatings, paints, biodegradable packages. In this review, we will demonstrate prospects for using oat husks to obtain cellulose and for obtaining materials based on the main oat husk polysaccharide. This review will evaluate the main achievements in this area. The analysis will allow a reader to form an analytical opinion about the prospects for using oat husks as a source for obtaining valuable products.