Microalgae are promising organisms that are rapidly gaining much attention due to their numerous advantages and applications, especially in biorefineries for various bioenergy and biochemicals. This review focuses on the microalgae contributions to Bio-Circular-Green (BCG) economy, in which zero-waste approaches for sustainable production and biorefineries of microalgal biomass are introduced and their possible integration is discussed. Firstly, overviews of wastewater upcycling and greenhouse gas capture by microalgae are given. Then, a variety of valuable products from microalgal biomass, e.g., pigments, vitamins, proteins/peptides, carbohydrates, lipids, polyunsaturated fatty acids, and exopolysaccharides, are summarized to emphasize their biorefinery potential. Techno-economic and environmental analyses have been used to evaluate sustainability of microalgal biomass production systems. Finally, key issues, future perspectives, and challenges for zero-waste microalgal biorefineries, e.g., cost-effective techniques and innovative integrations with other viable processes, are discussed. These strategies not only make microalgae-based industries commercially feasible and sustainable but also reduce environmental impacts.
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