In quantum mechanics, when two states hybridize, a particle can exist in a superposition of those states. Regardless of the specific state it occupies, it remains fundamentally the same particle.
However, in the case of phonon-polaritons or exciton-polaritons, the quasiparticle is described as a hybrid between a photon and a phonon (or an exciton).
A system in QM is described by a single wave function (or density matrix if appropriate), regardless of whether it consists of a single particle or a collection of particles. Sure, if the particles are not interacting, the wave function might decompose into a product of wave particles corresponding to different particles (or a linear combination of such products, like a Slater determinant). However, generally this is not the case, and the eigenstates and the overall state of the system can be viewed as are a superposition of the states of a non-interacting components. In this sense, teh differentce between hybridization for a single particle and for a combination of particles of different nature is just how we call the unhybridized components: whether we name them "eigenstates of particle X" or "particles X, Y, Z..."
Another thing to keep in mind is that excitons and phonons themselves are also hybrids:
- phonons are collective vibrations of atoms in a lattice, i.e., superposition of vibrations of many atoms. Moreover, the forces between atoms are a result of bonds, mediated by electrons - i.e., a composite state in itself.
- electrons in a lattice are not real particles either, but excitations in a crystal consisting of many particles. Indeed, their spectrum (energy bands) is rather different from free electrons. And of course, holes do not even exist without crystal - they are hybridized states as well.
- Likewise, exciton is not an atomic-like complex of a positively and negatively charged particles (although hydrogen model works surprizingly well), but a result of collective motion (hybrid) of many electrons and holes.
Finally, one could try to distinguish between fundamental/elementary particles - i.e., those that are treated as such in QFT, and quasiparticles, which are formed in solid state - conduction electrons, holes, excitons, photons, plasmons, polarons, polaritons, magnons, etc. However, even in QFT the picture is not without ambiguities, since particles transform into each other. E.g., if a proton can decay into a pion and positron, does it mean that the latter two are more fundamental/elementary than the proton itself? Or do the particles just transform into each other, without any of them being more fundamental than the other? - The latter view is a good way of thinking about particles in solid state as well.
Related:
Electrons and holes vs. Electrons and positrons
Is differentiating particle and quasiparticle meaningless?
If a non-interacting particle behaves like an undamped wave, can an interacting particle behave like a damped wave? (this question itself may sound odd, but the answer attempts to provide a self-contained discussion of quasiparticles as poles of a Green's function.)