@@ -82,6 +82,7 @@ Alphabetical list of contributors:
 * Victor Hahn <[email protected]>
 * Victor Uriarte <[email protected]>
 * Ville Skyttä <[email protected]>
+* Vincent Gao <[email protected]>
 * vthriller <[email protected]>
 * wayne.wuw <[email protected]>
 * Will Jones <[email protected]>
 
@@ -36,6 +36,8 @@ Bug Fixes
 * Recognize ``ROW_FORMAT`` as a keyword so that ``ALTER TABLE ... ROW_FORMAT=...``
   no longer merges the table name and the option into a single identifier
   (issue773).
+* Recognize ``MATERIALIZED`` as a keyword so it is parsed and formatted
+  consistently in ``CREATE MATERIALIZED VIEW`` statements (issue752).
 
 
 Release 0.5.5 (Dec 19, 2025)
 
@@ -359,6 +359,7 @@
     # 'M': tokens.Keyword,
     'MAP': tokens.Keyword,
     'MATCH': tokens.Keyword,
+    'MATERIALIZED': tokens.Keyword,
     'MAXEXTENTS': tokens.Keyword,
     'MAXVALUE': tokens.Keyword,
     'MESSAGE_LENGTH': tokens.Keyword,
 
@@ -469,6 +469,14 @@ def test_alter_table_row_format_issue773():
     assert e.tokens[4].get_real_name() == 'mytable'
 
 
+def test_materialized_view_issue752():
+    p = sqlparse.parse('CREATE MATERIALIZED VIEW v AS SELECT 1')[0]
+    assert p.tokens[2].ttype == T.Keyword
+    formatted = sqlparse.format('create materialized view v as select 1',
+                                keyword_case='upper')
+    assert formatted == 'CREATE MATERIALIZED VIEW v AS SELECT 1'
+
+
 @pytest.fixture
 def limit_recursion():
     curr_limit = sys.getrecursionlimit()