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+<br>Based on our brand-new research study report "Global [Biofuel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) Market Analysis", the global bio-fuel market will witness a fast growth track from 2010 onwards in the backdrop of depleting nonrenewable fuel sources and degradation of ecological conditions. It is anticipated that, the [worldwide bio-fuel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) market will grow at a CAGR of around 18% throughout 2010-2013. Further, lots of federal governments across the globe have actually been implementing obligatory bio-fuel mix with the [conventional fuel](https://www.google.com/search?kgmid=/m/0cqd_rb) to additional increase up the need for [biofuel](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
+<br>Our research study indicates that, as the increased use of sustainable and alternative fuels can result in substantial decreases in the use of petroleum-based fuels
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