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<br>Based on our brand-new research [study report](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) "Global [Biofuel](https://www.businessnews.com.au/Company/Mission-NewEnergy) Market Analysis", the [global bio-fuel](https://www.google.com/search?kgmid=/m/0cqd_rb) market will witness a quick growth track from 2010 onwards in the background of [diminishing fossil](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) fuels and [destruction](https://www.crunchbase.com/organization/mission-newenergy) of ecological conditions. It is anticipated that, the global bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, many governments across the globe have been [implementing compulsory](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) bio-fuel mix with the traditional fuel to additional [increase](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) up the need for biofuel.<br> |
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