Add 'Global Biofuel Market Striving For Incessant Growth Trajectory'

Global-Biofuel-Market-Striving-For-Incessant-Growth-Trajectory.md

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+<br>As per our new research report "Global [Biofuel](https://stocktwits.com/symbol/MNEL) Market Analysis", the [global bio-fuel](https://www.zoominfo.com/c/mission-newenergy/346542889) market will witness a fast development track from 2010 [onwards](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) in the background of diminishing fossil fuels and deterioration of ecological conditions. It is [anticipated](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) that, the [worldwide bio-fuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) market will grow at a CAGR of around 18% during 2010-2013. Further, many [governments](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) across the world have been implementing necessary bio-fuel mix with the conventional fuel to additional [increase](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) up the demand for biofuel.<br>
+<br>Our research study indicates that, as the increased use of sustainable and alternative fuels can result in [substantial decreases](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in the use of petroleum-based fuels