Polycarbonate diols are mainly used in polyurethane materials as a soft segment. Compared to the traditional polyester and polyether polyols, polyurethane materials prepared from polycarbonate diols have improved hydrolysis resistance, heat resistance, oxidation resistance and mechanical properties. Therefore, in recent years, the development of polycarbonate diols and polycarbonate-based polyurethane materials has also become important. This paper describes the polycarbonate diol synthesis methods and its related applications in polyurethane raw materials.