Based on our new research study report “Global Biofuel Market Analysis”, the global bio-fuel market will witness a quick growth track from 2010 onwards in the background of diminishing nonrenewable fuel sources and destruction of ecological conditions. It is anticipated that, the international bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, many federal governments around the world have been implementing necessary bio-fuel blend with the conventional fuel to more boost up the demand for biofuel.

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