The need of structural materials is inevitable for machineries, equipment’s and tools. These materials are mostly made up of metals and polymeric composites and with other materials in rare cases. Polymeric composites nowadays replace almost all materials due to its improved characters and reduced manufacturing costs. The characters of these polymeric composites are improved by reinforcing multiple fibers in it and thus enhances its suitability for different applications. Among the characters of a composites, weight reduction is a vital property that decides the usability of the material in high end applications like aircraft, robots etc. Weight of composites could be enhanced without losing its characters by reinforcing nanoparticles in different forms. Several nanomaterials have been utilized by researchers in various forms and they are proven to be the best in enhancing the characters of the composites. The present research gives a clear picture on the different challenges during the synthesis, fabrication and characterization of nanoparticles reinforced plastic composites.