Global Bio-Fuel Market: Need to Diversify Energy Mix Fuels Demand
The depletion of fossil fuels is an important factor boosting the demand for bio-fuels, which are renewable. The market will also receive an impetus from the growing restrictions and stringent policies regarding emissions, which have resulted in the demand for alternate fuels. The constant research and development and efforts by governments will lead to a large-scale commercialization of bio-fuels. The performance of bio-fuels is similar to that of diesel and gasoline and this is another reason why the demand for...
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