Fast-growing trees like Capirona, Bolaina, and Pashaco have the potential to reduce forest degradation because of their ecological features, the economic importance in the Amazon Forest, and an industry based on wood-polymer composites. Therefore, a practical method to discriminate specie (to avoid illegal logging) and determine chemical composition (tree breeding programs) is needed. This study aimed to validate a model for the classification of wood species and a universal model for the rapid determination of cellulose, hemicellulose, and lignin using FTIR spectroscopy coupled with chemometrics. Our results showed that PLS-DA models for the classification of wood species (0.84 ≤ R2 ≤ 0.91, 0.12 ≤ RMSEP ≤ 0.20, accuracy, specificity, and sensibility between 95.2 and 100%) were satisfied with the full spectra and the differentiation among these species based on IR peaks related to cellulose, lignin, and hemicellulose. Besides, the full spectra helped build a three-species universal PLS model to quantify the principal wood chemical components. Lignin (RPD = 2.27, $${R}_{c}^{2}$$
R
c
2
= 0.84) and hemicellulose (RPD = 2.46, $${R}_{c}^{2}$$
R
c
2
= 0.83) models showed a good prediction, while cellulose model (RPD = 3.43, $${R}_{c}^{2}$$
R
c
2
= 0.91) classified as efficient. This study showed that FTIR-ATR, together with chemometrics, is a reliable method to discriminate wood species and to determine the wood chemical composition in juvenile trees of Pashaco, Capirona, and Bolaina.