Carbon nanotubes (CNTs) are considered a promising nanomaterial for diverse applications owing to their attractive physicochemical properties such as high surface area, superior mechanical and thermal strength, electrochemical activity, and so on. Different techniques like arc discharge, laser vaporization, chemical vapor deposition (CVD), and vapor phase growth are explored for the synthesis of CNTs. Each technique has advantages and disadvantages. The physicochemical properties of the synthesized CNTs are profoundly affected by the techniques used in the synthesis process. Here, we briefly described the standard methods applied in the synthesis of CNTs and their use in the agricultural and biotechnological fields. Notably, better seed germination or plant growth was noted in the presence of CNTs than the control. However, the exact mechanism of action is still unclear. Significant improvements in the electrochemical performances have been observed in CNTs-doped electrodes than those of pure. CNTs or their derivatives are also utilized in wastewater treatment. The high surface area and the presence of different functional groups in the functionalized CNTs facilitate the better adsorption of toxic metal ions or other chemical moieties. CNTs or their derivatives can be applied for the storage of hydrogen as an energy source. It has been observed that the temperature widely influences the hydrogen storage ability of CNTs. This review paper highlighted some recent development on electrochemical platforms over single-walled CNTs (SWCNTs), multi-walled CNTs (MWCNTs), and nanocomposites as a promising biomaterial in the field of agriculture and biotechnology. It is possible to tune the properties of carbon-based nanomaterials by functionalization of their structure to use as an engineering toolkit for different applications, including agricultural and biotechnological fields.