Thermoplastic polymers like polyolefins, polyesters, polyamide, and styrene polymers are the most representative commodity plastics thanks to their cost-efficient manufacturing processes, excellent thermomechanical properties and their good environmental compatibility, including easy recycling. In the last few decades much effort has been devoted worldwide to extend the applications of such materials by conferring on them new properties through mixing and blending with different additives. In this latter context, nanocomposites have recently offered new exciting possibilities. This review discusses the successful use of nanostructured dispersed substrates in designing new stimuli-responsive nanocomposites; in particular, it provides an updated description of the synthetic routes to prepare nanostructured systems having the typical properties of thermoplastic polymers (continuous matrix), but showing enhanced optical, conductive, and thermal features dependent on the dispersion topology. The controlled nanodispersion of functional labeled clays, noble metal nanoparticles and carbon nanotubes is here evidenced to play a key role in producing hybrid thermoplastic materials that have been used in the design of devices, such as NLO devices, chemiresistors, temperature and deformation sensors.