Water hyacinth is a well-known aquatic plant worldwide because of its incredible properties like rapid growth in a tolerated environmental condition in more than 50 countries. This has been an issue of discussion among researchers and scientists over the past few decades due to severe difficulties in irrigation, navigation, and power generation. Researchers and scientists are trying to change the perception angle regarding control of it and also show a new phase of it as a resource because of its several valuable unique qualities, which can solve many problems. As a result, lots of research work has been undertaken on its control (especially biological control) and appropriate utilization in energy production (especially biogas), water and wastewater treatment. The main objective of this review paper is to show comprehensive information about the conducted research activities and their properties, control and utilization.