Based on our brand-new research study report "Global Biofuel Market Analysis", the international bio-fuel market will witness a quick growth track from 2010 onwards in the background of diminishing fossil fuels and destruction of environmental conditions. It is forecasted that, the worldwide bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, many federal governments throughout the world have been implementing compulsory bio-fuel blend with the traditional fuel to further boost up the demand for biofuel.

Our research study suggests that, as the increased usage of renewable and alternative fuels can result in significant decreases in the use of petroleum-based fuels