MXene emerges as a premier candidate for electromagnetic shielding owing to its unique properties as a novel two-dimensional material. Its exceptional electrical conductivity, chemical reactivity, surface tunability, and facile processing render it highly suitable for diverse electromagnetic shielding applications. The research status of MXene and MXene-based electromagnetic shielding materials is systematically discussed in this paper. First, the research status of MXene as a single-component electromagnetic shielding material is briefly introduced. Subsequently, the research status of composite structures constructed by MXene with polymers, carbon derivatives, and ferrites is introduced in detail. Furthermore, the research progress of MXene-based ternary and quaternary composite electromagnetic shielding materials is further focused. Finally, the application of MXene-based composite electromagnetic shielding materials is prospected. A deeper understanding of MXene's electromagnetic shielding properties is facilitated by this paper, providing the direction for the future development of two-dimensional materials in the design and processing of electromagnetic shielding materials.