Based on our brand-new research report “Global Biofuel Market Analysis”, the international bio-fuel market will witness a quick development track from 2010 onwards in the background of diminishing fossil fuels and destruction of environmental conditions. It is forecasted that, the global bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, numerous federal governments across the globe have been carrying out mix with the traditional fuel to additional increase up the demand for biofuel.

Our research study indicates that, as the increased use of sustainable and alternative fuels can result in substantial reductions in the usage of petroleum-based fuels