Anatase TiO2 are the most widely used photocatalysts because of their unique electronic, optical and catalytic properties. Surface chemistry plays a very important role in the various applications of anatase TiO2 especially in the catalysis, photocatalysis, energy conversion and energy storage. Control of the surface structure by crystal facet engineering has become an important strategy for tuning and optimizing the physicochemical properties of TiO2. For anatase TiO2, the {001} crystal facets are the most reactive because they exhibit unique surface characteristics such as visible light responsiveness, dissociative adsorption, efficient charge separation capabilities and photocatalytic selectivity. In this review, a concise survey of the literature in the field of {001} dominated anatase TiO2 crystals and their composites is presented. To begin, the existing strategies for the synthesis of {001} dominated anatase TiO2 and their composites are discussed. These synthesis strategies include both fluorine-mediated and fluorine-free synthesis routes. Then, a detailed account of the effect of {001} facets on the physicochemical properties of TiO2 and their composites are reviewed, with a particular focus on photocatalysis and Li-ion batteries applications. Finally, an outlook is given on future strategies discussing the remaining challenges for the development of {001} dominated TiO2 nanomaterials and their potential applications.