Add 'Global Biofuel Market Striving For Incessant Growth Trajectory'

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

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+<br>According to our [brand-new](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) research report "Global [Biofuel](https://www.pinterest.com.au/missionnewenergy/) Market Analysis", the international bio-fuel market will witness a quick growth track from 2010 [onwards](https://www.businessnews.com.au/Company/Mission-NewEnergy) in the background of depleting fossil fuels and destruction of ecological conditions. It is [anticipated](https://www.pinterest.com.au/missionnewenergy/) that, the [worldwide bio-fuel](https://www.bloomberg.com/profile/company/MNELF:US) market will grow at a CAGR of around 18% during 2010-2013. Further, many governments across the globe have actually been executing obligatory [bio-fuel](https://www.bloomberg.com/profile/company/MNELF:US) mix with the standard fuel to more boost up the demand for [biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
+<br>Our research study suggests that, as the [increased](https://www.bloomberg.com/profile/company/MNELF:US) use of renewable and alternative fuels can lead to significant [reductions](https://www.bloomberg.com/profile/company/MNELF:US) in the usage of petroleum-based fuels