Polymer reaction engineering is a discipline that encompasses a set of principles and tools for the scaling up, design, analysis, control, troubleshooting, and optimization of industrial polymerization processes. Its tools are widely used in industry and are mainly taken from the fields of reaction kinetics, chemical reactor engineering, thermodynamics, physical chemistry, and applied mathematics. In this article, the basics to go from the polymerization reaction kinetics to reactor modeling are first introduced. Then, molecular weight distribution (MWDs) modeling tools are reviewed; these are classified and discussed as: analytical techniques, the method of moments, and numerical techniques for the complete MWD, covering both deterministic and stochastic methods. Next, the theoretical bases of copolymerization systems are discussed, including copolymerization models for copolymer composition and reactivity ratio estimation, to conclude with the discussion of the pseudo‐homopolymerization approach (or apparent rate constants method) for the modeling of the MWD in copolymerization systems. A section providing a general description of heterogeneous processes and their modeling is also included, covering the topics of population balance equations, suspension polymerization and emulsion polymerization. The article ends with a brief discussion of future perspectives in the field.