Biofuel Additives Market, Revenue Analysis, Opportunities, Trends, Product Launch

The high emission of GHGs has resulted in the imposition of norms by several organizations pertaining to exhaust emission. According to the European Union, consumption of energy is higher in the roadways sector, which is 82% compared to the other 18%,which comprises rail, aviation, non-specific transport, and pipeline transport sectors. Thus, emissions from the automotive sector highly contribute to GHG emissions. Owing to these factors the biofuel additives market is expected to gain am major traction during the forecast period.

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