Among anti-wear technologies, hardbanding is the most effective measure to reduce the wear of drill pipe and casing. Many new hardbanding materials are introduced constantly, and the varieties of hardbandings are becoming more and more abundant. In this paper, the research history and status quo of the hardbanding materials in tool joint are reviewed. And the advantages and disadvantages of all kinds of wear-resisting materials are introduced. Finally, the development orientation in hardbanding materials in drill joint was pointed out.