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<br>Based on our new research study report "Global Biofuel Market Analysis", the worldwide bio-fuel market will witness a [quick development](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) track from 2010 onwards in the backdrop of diminishing nonrenewable fuel sources and destruction of environmental conditions. It is anticipated that, the global bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, numerous governments throughout the world have been carrying out compulsory bio-fuel blend with the standard fuel to more [increase](https://www.bloomberg.com/profile/company/MNELF:US) up the need for biofuel.<br> |
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<br>Our study shows that, as the increased usage of renewable and alternative fuels can result in significant decreases in the usage of petroleum-based fuels |
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