This article discusses the importance of friction and wear and the role of lubricants in composites. It highlights the progress and developments in using different forms of carbon allotropes in composites for improved friction and wear performance of materials. The article focuses on the widely used form known as carbon black (CB) and shows how to deal with friction and wear of polymers and composites when gamma irradiation is involved. It also discusses the role of graphite in composite materials, which is widely used as a dry lubricant. The article examines the tribology of carbon nanotubes (CNTs) as components in composite materials. It also highlights some of the most pronounced examples of graphene use as a reinforcement agent for improving tribological performance in composite matrices. The article concludes with a discussion on the progress of research in diamond-containing composites.