Over the past several decades, nanomaterials have been extensively studied owing to having a series of unique physical and chemical properties that exceed those of conventional bulk materials. Researchers have developed a lot of strategies for the synthesis of low-dimensional nanomaterials. Among them, topochemical synthesis has attracted increasing attention because it can provide more new nanomaterials by improving and upgrading inexpensive and accessible nanomaterials. In this review, we summarize and analyze many existing topochemical synthesis methods, including selective etching, liquid phase reactions, high-temperature atmosphere reactions, electrochemically assisted methods, etc. The future direction of topochemical synthesis is also proposed.