Lithium silicate (Li4SiO4) material can be applied for CO2 capture in energy production processes, such as hydrogen plants, based on sorption-enhanced reforming and fossil fuel-fired power plants, which has attracted research interests of many researchers. However, CO2 absorption performance of Li4SiO4 material prepared by the traditional solid-state reaction method is unsatisfactory during the absorption/regeneration cycles. Improving CO2 absorption capacity and cyclic stability of Li4SiO4 material is a research highlight during the energy production processes. The state-of-the-art kinetic and quantum mechanical studies on the preparation and CO2 absorption process of Li4SiO4 material are summarized, and the recent studies on the effects of preparation methods, dopants, and operating conditions on CO2 absorption performance of Li4SiO4 material are reviewed. Additionally, potential research thoughts and trends are also suggested.