The foremost claims in all papers related to extraction of chemicals from bio-oil or hydrothermal liquefaction condensate is that they are incredible sources of fine chemicals and that they would have applications in pharmaceuticals and food industry.
How much of these claims are practically possible to meet considering the present scale of biomass conversion is limited to power and bio-fuel production?
If the potential of biomass is so immense how is the production so limited and the interest only academic?
I have a personal interest in this question because part of my research is to do with separation of organic chemicals from bio-oil and it seems like a very daunting task with no goal in sight.