In this review some industrial applications of dispersions have been d
iscussed. After a general introduction, some specific topics have been
covered. The preparation of dispersions using condensation and disper
sion methods was discussed in terms of the various interfacial process
es involved such as nucleation and growth, wetting, breaking of aggreg
ates and agglomerates as well as comminution. The process of emulsific
ation (for production of liquid/liquid dispersions) was also analyzed
in terms of the interfacial processes, such as reduction in interfacia
l tension, interfacial elasticity and viscosity. The control of the pr
operties of dispersions was described in terms of the interaction forc
es between the particles or droplets in the system. These interaction
forces are governed by the structure and properties of the interfacial
region such as double layers, presence of adsorbed surfactant or poly
mer layers. Four main types of interaction forces may be distinguished
: hard-sphere, electrostatic, steric and van der Waals. Combination o
f these forces lead to three general energy-distance curves that can b
e used to describe the state of the dispersion (stable, flocculated or
coagulated). The various physical states of suspensions and emulsions
produced on standing were schematically presented and they could be e
xplained in terms of the energy-distance curves. The flow characterist
ics (theology) of dispersions could also be accounted for in terms of
the various interaction forces between the particles. Solubilization a
nd microemulsions, which produce thermodynamically stable dispersions,
could be described in terms of the balance between the interfacial en
ergy and entropy of dispersion of the system. The driving force for pr
oducing such thermodynamically stable systems was the ultra low interf
acial tension which could be achieved by using a combination of surfac
tants. The application of microemulsions in various fields such as sol
ubilization, enhanced oil recovery and energy production was briefly d
escribed. The application of dispersions in microncapsulation and slow
release was described in terms of interfacial polymerization, coacerv
ation and multiple emulsion formation. These systems find application
in medicine, agrochemicals and cosmetics. The application of dispersio
ns in pharmacy and medicine was also described by quoting specific exa
mples such as liposomes (vesicles), nanoparticles and magnetic microsp
heres. These systems have potential use in targeting delivery of drugs
.