Dusty plasmas, characterized by the presence of micron or submicron-sized particles (dust) within a plasma of ions, electrons, and neutral species, represent a complex and intriguing state of matter. This review article provides a comprehensive overview of dusty plasmas, covering their formation mechanisms, fundamental properties, theoretical models, experimental techniques, and diverse applications. Dusty plasmas occur naturally in environments such as space, planetary atmospheres, and industrial processes, where they are formed through various mechanisms including micrometeorite impacts, volcanic eruptions, and cometary outgassing. In laboratory settings, they are generated in controlled discharge chambers using radio frequency or direct current sources, facilitating studies on their dynamic interactions and behavior. The physical characteristics and behavior of dusty plasmas are influenced by a range of forces including electrostatic, ion drag, gravitational, thermophoretic, and magnetic forces. These interactions give rise to collective phenomena such as dust acoustic waves, ion-dust interactions, and the formation of ordered structures like Coulomb crystals. Understanding these phenomena is essential for applications in astrophysics, materials science, semiconductor manufacturing, and environmental research. Theoretical approaches, including fluid dynamics, kinetic theories, and Particle-in-Cell (PIC) simulations, provide insights into the complex dynamics of dusty plasmas. Experimental methods such as Langmuir probes, laser scattering, and high-speed imaging are employed to characterize their properties and behaviors. Applications of dusty plasmas span diverse fields, from studying planetary formation processes to enhancing semiconductor device fabrication and environmental monitoring. Despite significant advancements, challenges remain in accurately modeling plasma dynamics and controlling dust particles in industrial applications. Future research directions include advancing diagnostic techniques, refining theoretical models, and exploring novel applications in materials science and technology. The interdisciplinary nature of dusty plasma research ensures continued exploration and innovation in understanding and utilizing this unique state of matter.