To meet the demands for high performance in PEMFCs, the CL should be equipped with a large electrochemical reaction area, high electrochemical reactivity, fast electron transport, rapid proton conductivity, and low oxygen transport resistance [
6–
8]. The CL is composed of ionomers and catalysts, in which the ionomers cover the inner or outer surfaces of catalyst particle aggregates, acting as binders and proton conduction channels [
9–
12]. Besides high proton conductivity, the ionomers should also have high oxygen permeability. Moreover, the ionomer coverage, thickness, and the three-dimensional network are the main factors affecting PEMFC performance. Furthermore, the CL structure is always determined by the properties of the catalyst ink and the method of CL formation [
13–
15]. Catalyst inks are complex fluids that mainly consist of three main components: The solvent, ionomer, and catalyst particles. Based on this, the development of new types of materials is central to regulating the properties of the CL ink. Moreover, the ratio of ionomer to carbon support (I/C ratio) is another important factor that should be carefully designed to regulate the properties of the CL ink. Moreover, the interactions between the solvent and the ionomer can also affect the morphology of the ionomer as well as the ionomer network [
16–
19]. Thus, solvent parameters, such as the dielectric constant and solubility parameters, should be considered. What is more, the interactions between the solvent and catalyst particles can affect the distribution, size, and structure of particle cluster agglomerates, as well as the stability of the ink [
20,
21]. Currently, the influence mechanism of the components has been deeply investigated. Furthermore, the dispersion method of catalyst ink can affect its properties, such as viscosity and interactions between ionomers and particles [
22–
24]. It is necessary to establish a relationship between the dispersion process and the characteristics of the catalyst ink to guide the standardized preparation of the ink. What is more, the design of the catalyst layer structure has been a hot topic in both scientific research and industrial applications [
25,
26]. In recent years, many efforts have been made to design a high-performance CL with low platinum (Pt) loading and low mass transfer resistance [
27–
29]. This has been achieved by regulating the ionomer distribution, implementing a multistage pore structure, and controlling the thickness of the CL [
30]. With the development of advanced instruments and equipment, various devices for manufacturing CL have emerged [
31–
33]. Based on the solid content and viscosity, the ultrasonic spraying method is often used for CL synthesis in laboratories, while slot die coating is considered the most common method for industrial production [
3,
34,
35]. During the CL formation process, the drying step is an important procedure that can determine the pore structure and surface morphology of the CL [
36,
37]. Recently, the evaporation mechanism of mixed solvents in the CL formation process has been deeply studied. With further study of the catalytic layer formation process, it is expected that catalytic layers with higher activity and quality will be produced. Advanced characterization techniques are very important for studying the CL structure [
38–
40]. As it has been well established, X-ray diffraction (XRD), scanning electron microscope (SEM), and X-ray photoelectron spectroscopy (XPS) are common devices used to evaluate the CL structure and chemical composition [
25,
41,
42]. However, it is difficult to obtain more precise structural information from these devices, such as the location of platinum (Pt) on the carbon substrate and the distribution of ionomers, among other details. Up to now, many other advanced characterization techniques have been applied to CL, such as X-ray computed tomography (nano-CT) [
41,
43] and electron tomography acquisition techniques [
44,
45]. Nano-CT can provide high-resolution, three-dimensional images of the internal structure of the catalyst layer, which is beneficial to understanding the transport and reaction mechanisms within the CL, thus improving the performance and lifespan of fuel cells [
46]. Electron tomography acquisition can obtain multi-scale CL structure information, from catalyst location to ionomer morphology, with the aid of deep learning [
47,
48]. In this review, we will summarize recent progress in catalyst ink-based CL, CL design, CL manufacturing, and CL structural characterization to provide inspiration for future work.