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Página: Global Biofuel Market Striving For Incessant Growth Trajectory

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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

According to our new research study report “Global Biofuel Market Analysis”, the worldwide bio-fuel market will witness a fast development track from 2010 onwards in the background of depleting fossil fuels and deterioration of environmental conditions. It is forecasted that, the global bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, many federal governments around the world have been executing mandatory bio-fuel mix with the traditional fuel to additional increase up the need for biofuel.

Our study suggests that, as the increased usage of eco-friendly and alternative fuels can lead to substantial reductions in the usage of petroleum-based fuels