The global advanced materials market is poised for significant growth, with its value projected to rise from $70.4 billion in 2024 to approximately $133.4 billion by 2034, according to a March 2025 market report. This expansion reflects rising demand for lightweight, durable, and energy-efficient materials across industries, particularly as companies focus on sustainability and performance enhancement.

Within this evolving landscape, equipment manufacturers themselves are adopting new and advanced materials—integrating composites, recycled plastics, and high-performance coatings into their machinery designs to increase reliability, reduce environmental impact, and extend product lifespan.