Sea ice monitoring using long-term data of satellite passive microwave instruments enables climate change estimates. These numerical estimates depend on the methods used for sea ice parameter retrievals. This work presents a review of methods to retrieve sea ice parameters from the data of satellite microwave radiometers. Physical modeling of the sea ice–ocean–atmosphere microwave radiation provides the means to identify the general sources of the retrieval errors and to classify the methods by used approach. The basics of the algorithms are formulated along with assumptions and approximations as well as the data used for the algorithm verification. Weather filters are considered to identify the areas of open water. A comparative analysis of method advantages and limitations is given related to sea ice concentration retrievals from such satellite instruments as the series of Special Sensor Microwave/Imager (SSM/I) and Advanced Microwave Scanning Radiometer (AMSR). A review of the basic satellite sea ice products based on SSM/I, AMSR-E and AMSR2 data is complemented by the list of the essential internet resources for operational and historical sea ice data.