Based on our brand-new research report “Global Biofuel Market Analysis”, the worldwide bio-fuel market will witness a track from 2010 onwards in the backdrop of diminishing nonrenewable fuel sources and degradation of ecological conditions. It is forecasted that, the international bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, many governments around the world have been carrying out obligatory bio-fuel mix with the conventional fuel to additional increase up the demand for biofuel.

Our research study indicates that, as the increased use of sustainable and alternative fuels can lead to considerable reductions in the use of petroleum-based fuels