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<br>According to our new research report "Global [Biofuel](https://stocktwits.com/symbol/MNEL) Market Analysis", the [worldwide bio-fuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) market will [witness](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) a fast [development track](https://forest500.org/rankings/companies/mission-newenergy-limited) from 2010 [onwards](https://www.google.com/search?kgmid=/m/0cqd_rb) in the background of diminishing fossil fuels and destruction of [ecological conditions](https://forest500.org/rankings/companies/mission-newenergy-limited). It is forecasted that, the [international bio-fuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) 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](https://www.crunchbase.com/organization/mission-newenergy) to additional [increase](https://forest500.org/rankings/companies/mission-newenergy-limited) up the demand for [biofuel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br> |
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<br>Our research study suggests that, as the increased usage of sustainable and alternative fuels can lead to significant reductions in the usage of petroleum-based fuels |
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