Add 'Global Biofuel Market Striving For Incessant Growth Trajectory'

Global-Biofuel-Market-Striving-For-Incessant-Growth-Trajectory.md

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+<br>Based on our new research report "Global [Biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Market Analysis", the worldwide bio-fuel market will [witness](https://www.zoominfo.com/c/mission-newenergy/346542889) a fast growth track from 2010 onwards in the [background](https://www.google.com/search?kgmid=/m/0cqd_rb) of diminishing nonrenewable fuel sources and deterioration of environmental conditions. It is anticipated that, the global bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, many federal governments around the world have actually been carrying out obligatory bio-fuel blend with the [conventional fuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to more boost up the demand for [biofuel](https://www.crunchbase.com/organization/mission-newenergy).<br>
+<br>Our study indicates that, as the increased usage of eco-friendly and [alternative fuels](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) can lead to substantial decreases in the use of [petroleum-based](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) fuels