Various types of catalysis are named and categorized by the reagents involved. Enzymatic catalysis, phase transfer catalysis, homogeneous catalysis, and heterogeneous catalysis are a few of the more well-known branches of study. This review focuses on heterogeneous catalysis and, in particular, on three-phase catalysis in which gas and liquid reagents react with each other on the surface of a solid catalyst. The evaluation of reaction rate data and how it is affected by bulk diffusion in liquids, pore diffusion, adsorption, desorption, and chemical reaction. Summaries are provided of various analytical techniques commonly used as well as an overview of ideal reactors (CSTR and PFR) and how they relate to one another. Examples of well know real reactors are given, such as ebulating bed, fluid bed, trickle-flow and multi-tube reactors.