Propane dehydrogenation (PDH) is an industrial technology for direct propylene production, which has received extensive attention and realized large-scale application. At present, the commercial Pt/Cr-based catalysts suffer from fast deactivation and inferior stability resulting from active species sintering and coke depositing. To overcome the above problems, several strategies such as the modification of the support and the introduction of additives have been proposed to strengthen the catalytic performance and prolong the robust stability of Pt/Cr-based catalysts. This review firstly gives a brief description of the development of PDH and PDH catalysts. Then, the advanced research progress of supported noble metals and non-noble metals together with metal-free materials for PDH is systematically summarized along with the material design and active origin as well as the existing problems in the development of PDH catalysts. Furthermore, the review also emphasizes advanced synthetic strategies based on novel design of PDH catalysts with improved dehydrogenation activity and stability. Finally, the future challenges and directions of PDH catalysts are provided for the development of their further industrial application.