This review study focuses on the application of Computational Fluid Dynamics (CFD) in the investigation of gas-solids multiphase flow systems. The applicability and limitations of conventional models and recent developments of existing multiphase models for the prediction of gas-solids flows are thoroughly overviewed. Use of conventional Eulerian-Eulerian model for granular flows and Lagrangian approach incorporated with Discrete Element Method (CFD-DEM) are quite well proven, however some limitations restrict the use of these models in wide range of applications. Therefore, some new models have been introduced to model gas-solids flows, as example Dense Discrete Phase Model incorporated with Kinetic Theory of Granular Flow (DDPM-KTGF), Dense Discrete Phase Model incorporated with Discrete Element Method (DDPM-DEM) and Computational Particle Fluid Dynamics (CPFD) numerical scheme incorporated with the MultiPhase-Particle-In-Cell (MP-PIC) method. These models have been validated for certain applications under certain conditions, however, further validation of these models is still a necessity.