Research in convective heat transfer using suspensions of nanometer-sized solid particles in base liquids started only over the past decade. Recent investigations on nanofluids, as such suspensions are often called, indicate that the suspended nanoparticles markedly change the transport properties and heat transfer characteristics of the suspension. This first part of the review summarizes recent research on theoretical and numerical investigations of various thermal properties and applications of nanofluids.

Research in convective heat transfer using suspensions of nanometer-sized solid particles in base liquids started only over the past decade. Recent investigations on nanofluids, as such suspensions are often called, indicate that the suspended nanoparticles markedly change the transport properties and heat transfer characteristics of the suspension. This second part of the review covers fluid flow and heat transfer characteristics of nanofluids in forced and free convection flows and potential applications of nanofluids. Opportunities for future research are identified as well.