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are some of the key hybrid polymer industry participants. These companies are focusing on merger and acquisition strategies to retain their foothold in the market. For instance, in July 2022, Arkema announced a takeover of the business of Polimeros Especiales, an emulsion resin producer. The acquisition was intended to facilitate the development of innovative water-based solutions for sustainable resin offerings, enabling the company to boost its presence in the U.S. hybrid polymer market.