This study critically reviews the mechanism of CO2 hydrogenation over Ni, Ru, and Cu, and the effect of catalyst properties and operating conditions on reaction kinetics. Most studies have reported the presence of CO and formate species on Ni-, Ru-, and Cu-based catalysts, where subsequent conversion of these species depends on the type of catalyst and the physicochemical properties of the catalyst support. Methane is the major product that forms during CO2 hydrogenation over Ni and Ru catalysts, while methanol and CO are mainly produced on Cu catalysts. A different approach for catalyst formulations and/or process development is required where long chain hydrocarbons are desired.