Growing Demand for Battery Electric Vehicles Driving the Growth of Advanced Materials Market BriefingWire.com, 12/29/2020 - Advanced Materials Market is forecast to reach $2.1 trillion by 2025, after growing at a CAGR of 4.5% during 2020-2025. Advanced Materials is a promising technology transforming the global manufacturing industry, especially in its replacement of plastics and metals with ceramics and composites in high-performance applications. Growing public interest towards end products replacements will further enhance the overall market demand for advanced materials during the forecast period. Key Takeaways Asia-Pacific dominates the advanced materials market owing to increasing demand from various end use industries such as automotive, aviation, building & constructions with others.