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<br>As per our [brand-new](https://pitchbook.com/profiles/company/51278-86) research study report Global [Biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Market Analysis, the worldwide bio-fuel market will witness a fast [development track](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from 2010 onwards in the backdrop of diminishing fossil fuels and degradation of ecological conditions. It is anticipated that, the international bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, numerous federal [governments](https://pitchbook.com/profiles/company/51278-86) around the world have actually been out mandatory bio-fuel blend with the conventional fuel to additional boost up the demand for [biofuel](https://www.pinterest.com.au/missionnewenergy/).<br> |
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<br>Our study shows that, as the increased use of sustainable and [alternative fuels](https://www.zoominfo.com/c/mission-newenergy/346542889) can lead to considerable reductions in the usage of petroleum-based fuels |
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