Bimetallic composite pipes, as critical components, effectively integrate the superior properties of diverse materials to meet the growing demand for lightweight, high-strength, and corrosion-resistant solutions. These pipes find extensive applications in petrochemical, power generation, marine engineering, refrigeration equipment, and automotive manufacturing industries. This paper comprehensively reviews advanced bending and forming technologies, with a focus on challenges such as wrinkling, excessive wall thinning, springback, cross-sectional distortion, and interlayer separation. The review combines theoretical analysis, experimental findings, and numerical simulations to provide insights into defect prevention strategies and process optimization. It also evaluates emerging technologies such as artificial neural networks and intelligent control systems, which demonstrate significant potential in enhancing bending accuracy, reducing defects, and improving manufacturing efficiency. Additionally, this work outlines future research directions, emphasizing innovations required to meet the stringent performance standards of bimetallic composite pipe components in high-end applications.