Solvothermal reaction is reaction under high temperature and high pressure, which is expected to fabricate new functional materials. In this study, the materials are classified into two fields, i.e., inorganic materials, metals and their composites and organic materials and their composites. The current status of R and D of production and processing technology in each field is surveyed and the prospect of it is discussed. For the inorganic materials, metals and their composites, it is explained that very fine metal oxide particles, complex oxides, single crystals, whiskers, compounds with layer structure, metastable compounds, ion conductors and catalysts with high ability could be produced only by controlling the solvothermal reactions in atomic order. For the organic materials and their composites, surveyed results of the solvothermal technique using non-aqueous solutions are mainly provided. The necessity of a national project for researches on the solvothermal reactions is proposed from the viewpoint of resource, environment and energy. 777 refs., 38 figs., 26 tabs.