As per our new research report “Global Biofuel Market Analysis”, the international bio-fuel market will witness a fast growth track from 2010 onwards in the background of depleting fossil fuels and deterioration of environmental conditions. It is forecasted that, the worldwide bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, lots of federal governments around the world have been carrying out necessary bio-fuel mix with the traditional fuel to additional increase up the demand for biofuel.

Our research study suggests that, as the increased use of sustainable and alternative fuels can lead to considerable decreases in the use of petroleum-based fuels