The field of machine learning has proven to be a powerful approach in smart manufacturing and processing in the chemical and process industries. This review provides a systematic overview of current state of artificial intelligence and machine learning and their applications in textile, nuclear power plant, fertilizer, water treatment, and oil and gas industries. Moreover, this study reveals the current dominant machine learning methods, pre and post processing of models, increased utilization of machine learning in terms of fault detection, prediction, optimization, quality control, and maintenance in these sectors. In addition, this review gives the insight into the actual benefits and impact of each method, and complications in their extensive deployment. Finally in the current impressive state, challenges, future development in terms of algorithm and infrastructure aspects are highlighted.