This brief overview stresses the importance of molecular processes in modern astrophysics and provides examples where the availability of new laboratory or theoretical data proved crucial in the analysis. This includes basic data such as spectroscopy and collisional rate coefficients, but also an improved understanding of reactions and photoprocesses in the gaseous and solid state. In spite of many lingering uncertainties, the future of molecular astrophysics is bright with new facilities such as ALMA, JWST and ELTs on the horizon. Together, they will allow increased understanding of the journey of gas and solids from clouds to stars and planets, and back to the interstellar medium.