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Page: Global Biofuel Market Striving For Incessant Growth Trajectory

A new Generation Of Biofuels

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Global Biofuel Market Striving For Incessant Growth Trajectory

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1 Global Biofuel Market Striving For Incessant Growth Trajectory

As per our new research report "Global Biofuel Market Analysis", the international bio-fuel market will witness a fast growth track from 2010 onwards in the backdrop of depleting fossil fuels and destruction of environmental conditions. It is anticipated that, the international bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, numerous federal governments around the world have actually been implementing mandatory bio-fuel mix with the standard fuel to more boost up the demand for biofuel.

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