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Hybrid Polymer Market Analysis and Global Forecast to 2030

The global hybrid polymer market size will be valued at over $12 billion by 2030.

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Hybrid Polymer Market Analysis and Global Forecast to 2030

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  1. Hybrid Polymer Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2027

  2. With the growing application base in water treatment, construction, automotive & transportation, oil & gas sectors, the global hybrid polymer market has recorded significant expansion over the past few years. In the food and beverage industry, for example, introduction of stricter norms to ensure safe food packaging has revolutionized the biodegradable hybrid polymer industry. • Recently, HauschildSpeedMixer, a German sustainability startup, announced that it is focusing on R&D to upgrade its granular formulation for delivering a range of materials, including packaging adhesives, films, and coatings using its innovative DAC mixer. The ‘traceless’ natural biopolymer granulate produced by the company is likely to replace conventional plastics and bioplastics in both food and non-food packaging industries, with global plastic pollution continuing to be a pressing concern. • Ongoing technological innovations and the robust adoption of eco-friendly hybrid polymer sealants and adhesives are as well likely to boost industry demand. • It has been reported that the global hybrid polymer market size will be valued at over $12 billion by 2030. • Listed below are three crucial application trends that are expected to fuel the product demand in 2022 and beyond:

  3. Plastic is one of the most extensively used materials in the FMCG packaging industry due to its lightweight, flexible qualities, and low-cost features. However, with the rising need for packaged goods such as food and beverages, companies are realigning their sustainability goals and searching for organic packaging solutions, such as hybrid packaging. • Prominent FMCG firms, including the likes of Danone, Coca-Cola, PepsiCo, L’Oréal, and Unilever, have set an ambitious target of 100% sustainable packaging by 2025. By making such commitments, companies can fulfill customer prerequisites while eliminating harmful materials from the environment, paving way for the growth in demand for hybrid polymers. • Since hybrid polymer coatings are used to improve the shelf life of bio-based biopolymer packaging films, their demand is likely to see an uptick in the upcoming years. Recently, in August 2022, Australia-based biomaterials company Great Wrap revealed that it has added a compostable bioplastic film that is made from starch extracted from potato peels. Similarly, researchers at Rutgers University announced that they have developed a starch-based biodegradable polymer coating for protecting food from contamination and spoilage during transportation.

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