According to our new research report “Global Biofuel Market Analysis”, the global bio-fuel market will witness a fast growth track from 2010 onwards in the background of diminishing nonrenewable fuel sources and degradation of ecological conditions. It is that, the global bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, numerous federal governments across the world have actually been implementing obligatory bio-fuel blend with the conventional fuel to additional increase up the demand for biofuel.

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