The Nanotech Revolution in Packaging: Amcor and Nfinite Nanotechnology Lead the Charge

Posted under: Emerging technologies
Date: 2023-11-07
The Nanotech Revolution in Packaging: Amcor and Nfinite Nanotechnology Lead the Charge

By 2032, predictions suggest that the global recyclable packaging market will skyrocket to around USD 48.36 billion, representing a CAGR of 6.1% from 2023 to 2032. This is a significant leap from its valuation of USD 26.88 billion in 2022. Amcor and Nfinite Nanotechnology are collaborating to revolutionize packaging by creating recyclable and biodegradable materials with enhanced performance. They aim to incorporate Nfinite's nano-layering technique into Amcor's packaging solutions, focusing on oxygen barrier improvements. The partnership also plans to align with Amcor's manufacturing guidelines for scalability and efficiency. Their long-term goal is to develop innovative, eco-friendly packaging designs. This initiative addresses issues in conventional packaging, offering commercial opportunities as the world prioritizes sustainability. The partnership sets an example for the future of sustainable packaging, leading the way towards a greener and more innovative future.

Read more at: statnano.com