Recent discoveries of salient carbon nanoforms have paved tremendous interest among research and also toward their discrete applications in scientific fields. Various generation methods for carbon nanotubes (CNTs) involve chemical deposition of vapor, discharge using electric arc and laser ablation mechanism which were driven by functionalization, chemical addition, doping, and filing such that in-depth characterization and manipulation of CNTs were possible. The in-built elasticity, electromechanical, chemical, and optical properties of CNTs have a notable impact on its stability and reactivity. Perhaps, the flexibility along with its determined strength makes them to validate its potential application in diverse fields which enables that these CNTs will definitely procure a prominent role in nanotechnology.