Nanofluids are a unique class of fluids generally prepared by adding nanosized particles to different types of base fluids, such as water, oil, etc. When nanoparticles are added to the base fluids, their thermophysical parameters like viscosity, heat transfer characteristics, and thermal conductivity are improved and provide good results. For this reason, the demand for fluids enriched with nanoparticles has considerably increased in the manufacturing sector. This comprehensive state-of-the-art review covers nanolubricants' role in friction reduction, wear resistance, and machining efficiency applications. Initially, the lubricants and their properties are revealed in the introduction section. Then, the different types of nanoparticles, their basic structure, and their different applications in machining and tribology are portrayed in different sections. In addition, it provides a comprehensive analysis of the difficulties related to nanofluids and their utilization in machining and tribology. Ultimately, this evaluation provides final comments on the latest advancements in both the academic and industrial sectors, as well as a strategy for future expansion. The results indicated that the fluids loaded with nanoparticles had a beneficial effect in lowering friction and temperature at the primary contact zone.
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