The ability of microalgae to grow in a broad spectrum of wastewaters manifests great potentials for removing contaminants from effluents of industries and urban areas. Since the post-treatment microalgae biomass is also a significant source of high-value products, microalgae-based wastewater treatment is an economical and sustainable solution to wastewater management. Adding more value, the integration of microalgae with living/non-living materials looks more promising. Microalgae-based treatment technology has certain limitations like high operational costs, problematic harvesting, large land requirements, and hindrance in photosynthesis due to turbid wastewater. These challenges need to be essentially addressed to achieve enhanced wastewater remediation. This review has highlighted the potential applications of microalgae in contaminant removal from wastewaters, simultaneous resource recovery, efficient microalgae-based hybrid systems along with bottlenecks and prospects. This state-of-the-art article will edify the role of microalgae in wastewater remediation, biomass valorization for bio-based products, and present numerous possibilities in strengthening the circular bioeconomy.
