[ByteJockey]

If you need to change the buffer size afterwards.

My understanding is that most implementations of new call malloc under the hood (this may or may not be outdated at this point, I haven't kept up with C++ implementation) and both of these systems introduce a layer of record keeping, so if you're in an extremely memory constrained environment, you may want to use malloc directly.

If you want your code to be noexcept, you need to call malloc and handle the case where it returns null as new can throw (this is UB in theory, but in practice I'm pretty sure everything just aborts) to strip out all the stack-unwinding code.

If you want to avoid the constructor call (for whatever reason).