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Nanofluids were among the most promising research areas during past two decades. The countless number of published papers and scientific reports demonstrates the huge attention of the community to this emerging class of fluid. Almost all of published studies in the literature called nanofluids “promising”. We all have heard that nanofluids give extraordinary desirable thermos-physical properties superior to the conventional fluids such as water, oil, and ethylene glycol. Researchers across the globe have investigated the applications of nanofluids including but not limited to manufacturing, heating, ventilation and cooling, military equipment, drug delivery, lubrication, nuclear energy, power generation, electronics, and etc.