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<br>As per our new research report "Global [Biofuel](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) Market Analysis", the international bio-fuel market will witness a fast growth track from 2010 onwards in the background of depleting nonrenewable fuel sources and destruction of environmental conditions. It is anticipated that, the worldwide bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, many federal governments throughout the globe have been carrying out [obligatory bio-fuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) mix with the conventional fuel to further [increase](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) up the need for biofuel.<br> |
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<br>Our research study suggests that, as the increased use of [sustainable](https://www.businessnews.com.au/Company/Mission-NewEnergy) and alternative fuels can result in substantial decreases in the use of [petroleum-based](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) fuels |
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