W ith the discovery of multi-walled carbon nanotubes (MWCNTs), it has become a desirable material in various technological applications. This material is desirable because of its unusual properties. These properties include the desired electrical, physical, optical and mechanical properties, thermal stability, large surface areas, tensile strength, and their ability to be modified according to the purpose [1][2][3][4]. Owing to this remarkable properties, MWCNTs and other forms of carbon based materials have a wide range of applications in technological applications. Drug delivery systems, biosensors, transistors, nanocomposites, nanoscale electronic devices, hydrogen storage devices, energy storage devices, compositematerials use MWCNTs and other carbon based materials (Single walled carbon nanotubes (SWCNTs), double walled carbon nanotubes (DWCNTs), graphene, Functionalization Carbon Nanotube (FCNTs), Buckypapers etc.) extensively [4,5]. The interaction of MWCNTs with different acid species causes serious modifications on the structure of the material. The changes resulting from this exposure may be beneficial and harmful according to the intended use. This interaction has been used to modify the material for purpose. Different methods such as laser vaporization, electric-arc discharge and chemical vapor deposition are used to produce MWCNTs. Very little of