A new forecast from Strategic Revenue Insights points to major expansion in the global market for advanced materials used in heavy machinery, with the sector expected to reach nearly $75 billion by 2033.
The growth is being driven by rising demand for higher-performance components, extended equipment lifecycles and sustainability-led procurement — trends particularly relevant to fleet owners operating in harsh environments across the Middle East.
According to the report, OEMs and suppliers are increasingly investing in advanced alloys, high-durability steels, wear-resistant coatings and next-generation lubricants, all aimed at reducing downtime and lowering total cost of ownership. Global industrial sectors such as mining, construction, highways and quarrying — key markets in the GCC — are accelerating the adoption of these materials to boost reliability amid tightening project schedules.
For the region’s fleets and rental companies, this shift has multiple implications. Equipment designed with higher-grade materials could reduce workshop hours and spare-parts demand, while also improving performance in high-temperature conditions and sandy terrain.
As Saudi Arabia and the UAE push ahead with giga-projects, operators are expected to prioritise machinery that offers greater uptime, longer service intervals and improved sustainability credentials.
The report notes that manufacturers who integrate advanced materials into their platforms early will be well-positioned as project owners increasingly demand efficiency, environmental performance and longer equipment life as part of their procurement criteria.
