The pulp and paper industry is one of the biggest industry sectors worldwide, whose market growth is expected to reach 370.12 billion USD by 2028. However, as a water-intensive process, the pulp and paper production generate huge volumes of contaminated effluents, some of which contain dissolved high-value chemical compounds, such as lignin, hemicellulose, or carboxylic acids. These compounds can be recovered using membrane operations. Thus, membrane operations represent a method to valorize effluents and byproducts from this industry sector and narrow the gap between biorefinery models and the pulp and paper production as an integrated biorefinery. The present review reviews the state-of-the-art-research and the state-of-the-art applications of membrane operations in the pulp and paper industry.