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<br>Based on our new research study report "Global Biofuel Market Analysis", the worldwide bio-fuel market will witness a quick growth track from 2010 onwards in the background of diminishing nonrenewable [fuel sources](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) and destruction of [ecological conditions](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It is anticipated that, the [international bio-fuel](https://www.google.com/search?kgmid=/m/0cqd_rb) market will grow at a CAGR of around 18% during 2010-2013. Further, many federal governments around the world have actually been executing mandatory bio-fuel mix with the standard fuel to more boost up the demand for [biofuel](https://stocktwits.com/symbol/MNEL).<br> |
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<br>Our study suggests that, as the [increased usage](https://www.bloomberg.com/profile/company/MNELF:US) of eco-friendly and alternative fuels can result in [considerable reductions](https://www.zoominfo.com/c/mission-newenergy/346542889) in the usage of [petroleum-based](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) fuels |
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