Life Cycle Assessment (LCA) is a technique that considers the environmental aspects and potential environmental impacts of a product system throughout its lifetime. The data obtained are evaluated in decision making, strategic planning, priority setting and design studies. In this study, literature information was given about the relationship between LCA and the wood-based panel sector, the positive and negative effects of the sector on the environment, the measures that can be taken, and the LCA studies that can be planned for the sector in the future. In particular, the methods of determining the effects during the transportation of wood material to the factories, production, transfer of the plates to the sales notes after production, the usage process and the evaluation of the boards that have completed their economic life were defined. The potential effects of the LCA approach applied in the world forest products sector, their benefits, strengths, and weaknesses were evaluated. Finally, a simulation application is examined. As a result of this study, it is seen that wood-based boards have the advantages of being sustainable by being produced from renewable resources, requiring less energy than potential substitute materials, and evaluating the waste volume after use. In addition, it has been determined that if it is produced with green formulations instead of petrochemical adhesives, it will create positive results for the ecosystem and climate change.