Nanomaterials are materials that are 100 nanometers or less in at least one dimension. They exhibit different properties than bulk materials due to their small size. Nanoparticles are synthesized using physical, chemical, and biological methods and characterized using techniques like UV-visible spectrometry, TEM, and XRD. Common types of nanoparticles include carbon-based, metal, metal oxide, semiconductor, and polymeric nanoparticles. Nanoparticles find applications in water treatment, medicine, and waste management due to their unique properties.