Nanofluid is made by mixture of nanoparticles with the base fluids. Nanofluids can be made in a variety of ways, including one-step, two-step, phase transfer, and posttreatment techniques. The stability of the colloidal suspension is critical in the preparation of nanofluids.
Single-step method combines the synthesis of both nanoparticle and nanofluid. It gives more stable, homogeneous nanofluids compared to nanofluids prepared using two-step method. But it's costly. But Two-step method is the widely used technique among researchers. It consists of two steps 1) nanoparticle synthesis or acquisition 2) dispersion of nanoparticle in the base fluid. Two-step method is cost-effective in wide scale production.