Department of Economics

Regional Demand for Bio-based Production

Heartland Regional Water Resources WorkshopNebraska City, Nebraska

June 10, 2009

Chad HartAssistant Professor/Grain Markets Specialist

chart@iastate.edu515-294-9911

Department of Economics

Bio-based Market Opportunities

Source: Informa Economics, Biobased Multi-Client Study, March 2006

Department of Economics

Currently Available Biomass

Source: NREL, 2005

Department of Economics

CRP Acreage

Source: USDA-FSA, 2008, CRP Summary and Enrollment Statistics

Department of Economics

Biobased Company Age

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biobased Company Location

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biobased Company Employment

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biorefinery Concept

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Another Biorefinery Concept

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Crop Feedstocks

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Alternative Feedstocks

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biomass Composition

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Feedstock Delivery

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Projected Chemical Sector Markets

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Developing Plant-based Pharmaceuticals

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biobased Polymers

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biobased Market Penetration

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biotechnology Improvements

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Biobased Pathways

Source: USDA, 2008, U.S. Biobased Products: Market Potential and Projections Through 2025

Department of Economics

Thank you for your time!

Any questions?

My web site:http://www.econ.iastate.edu/faculty/hart/