Marine Biotechnology

Marine biotechnology, typically stated as “blue biotechnology”, exploits the variety found in marine environments in terms of the shape, structure, physiology and chemistry of marine organisms, several of that haven't any equivalent toward land, in which change new materials to be realized. Marine biotechnology could be an information generation and conversion process: it unlocks access to biological compounds and provides novel uses for them.  By exploring and harnessing marine materials, entirely new uses in square measures aloof from the marine are doubtless to be found. Marine biotechnology is a chance recognized by policy manufacturers and therefore the enterprise sector as giving vital potential to fill market gaps for brand new product. The global market for flexible-foam reached $29.1 billion in 2017. The market should reach $36.9 billion by 2022 at a compound annual growth rate (CAGR) of 4.9% for the period of 2017-2022.

 

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