The β-crystals of polypropylene have a metastable crystal form. The formation of β-crystals can improve the toughness and heat resistance of a material. The introduction of a β-nucleating agent, over many other methods, is undoubtedly the most reliable method through which to obtain β-PP. Furthermore, in this study, certain newly developed β-nucleating agents and their compounds in recent years are listed in detail, including the less-mentioned polymer β-nucleating agents and their nucleation characteristics. In addition, the various influencing factors of β-nucleation efficiency, including the polymer matrix and processing conditions, are analyzed in detail and the corresponding improvement measures are summarized. Finally, the composites and synergistic toughening effects are discussed, and three potential future research directions are speculated upon based on previous research.