Multifunctional reactors are single pieces of equipment in which, besides the reaction, other functions are carried out simultaneously. The other functions can be a heat, mass or momentum transfer operation and even another reaction. Multifunctional reactors are not new, but they have received much emphasis in research in the last decade. A survey is given of modern developments and the first successful applications on a large scale. It is explained why their application in many instances is still far-away from large scale introduction.