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This book presents the most recent results in the area of bulk nanostructured materials and new trends in their severe plastic deformation (SPD) processing, where these techniques are now emerging from the domain of laboratory-scale research into the commercial production of various bulk nanomaterials. Special emphasis is placed on an analysis of the effect of nanostructures in materials fabricated by SPD on mechanical properties (strength and ductility, fatigue strength and life, superplasticity) and functional behavior (shape memory effects, magnetic and electric properties), as well as the numerous examples of their innovative applications. There is a high innovation potential for industrial applications of bulk nanomaterials for structural use (materials with extreme strength) as well as for functional applications such as nanomagnets, materials for hydrogen storage, thermoelectric materials, superconductors, catalysts, and biomedical implants.