Transport Biofuel Market Report 2030: Key Insights You Need to Know

According to the study of Next Move Strategy Consulting, the Transport Biofuel Market is predicted to reach USD 127.6 billion with a CAGR of 7.5% by 2030. 

Biofuel is a fuel that is produced over a short time span from biomass through biochemical and thermochemical processes, which includes ethanol, methanol, biodiesel, biocrude, and methane. This fuel is an energy source that powers various means of transport and are known as transport biofuels.

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