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 new research study report "Global [Biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Market Analysis", the [global bio-fuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) market will witness a quick growth track from 2010 onwards in the background of diminishing fossil fuels and deterioration of [environmental conditions](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608). It is [anticipated](https://www.bloomberg.com/profile/company/MNELF:US) that, the global bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, lots of governments across the world have been carrying out necessary bio-fuel blend with the standard fuel to [additional increase](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) up the demand for [biofuel](https://stocktwits.com/symbol/MNEL).<br>
+<br>Our study indicates that, as the increased use of [renewable](https://pitchbook.com/profiles/company/51278-86) and alternative fuels can lead to significant decreases in the usage of petroleum-based fuels