The aim of this paper is to give overview about particleboards and its development.Particle boards are wood composite prepared from wood waste , stalks, wood shaving, etc and polymeric resin.Urea-Formaldehyde(UF) and Phenol Formaldehye (PF) being widely used resin for preparation of particle board.Here we discuss about different types wood and resin used for manufacture of particleboard.The effect of different woods and resin on properties like internal bond strength, thickness swelling, modulus of rupture, modulus of elasticity and water absorption.Various chemical additives used to modify the properties of particle board and also fire retardant property of particle board.World is leading towards sustainable development thus use of particle board can help us in achieving a small part of it.