Graphene, a two‐dimensional material, presents unprecedented opportunities for catalytic applications, attributable to its unique planar structure, outstanding optical transmittance, superior electronic conductivity and mobility, extensive specific surface area, and elevated chemical stability, coupled with its tunability. In recent years, graphene‐based catalysts have garnered significant research attention and interest. This review aims to elucidate recent advancements in the synthesis of graphene‐based catalysts. It encompasses discussions on heteroatom‐doped metal‐free graphene catalysts, graphene composite catalysts (including graphene/metal and graphene/metal oxide composites), and their applications in various catalytic domains such as electrocatalysis, photocatalysis, and catalysis of organic reactions.