The invention discloses a method for producing an indoor wall plate and creosote through cedarwood. The cedarwood is used for producing the indoor wall plate, cedarwood waste is used for extracting the creosote, the cedarwood is peeled and cut into a cedarwood board in a sawn manner, the cedarwood board is subject to rough planing, the surface of the cedarwood board is subject to planing, steam isused for cooking, a hydrogen peroxide aqueous is used for cooking, the cedarwood board is heated and dried, finish planing is carried out, the connecting face of the cedarwood board subject to finishplaning and a base material is glued, and pressed into a wall plate, the wall plate subject to press fitting is subject to sanding treatment, paint spraying and drying, and the indoor wall plate is obtained. The cedarwood waste generated in the cedarwood machining process is pulverized and dried, dry distillation is carried out, condensate liquid is collected, oily objects in the condensate liquid are separated, and the creosote is obtained. The method is simple and easy to implement, raw materials are cheap and easy to obtain, the utilization value of the cedarwood is improved, the obtainedindoor wall plate does not contain formaldehyde, is durable and convenient to maintain, the produced cedarwood waste is used for extracting the creosote, and waste resource utilization is achieved, and the method is environment-friendly.