Valorization of lignocellulosic biomass becomes a sustainable alternative against the constant
depletion and environmental problems of fossil sources necessary for the production of chemicals
and fuels. In this context, a wide range of renewable raw materials can be obtained from lignocellulosic
biomass in both polymeric (i.e. cellulose, starch, lignin) and monomeric (i.e. sugars, polyols,
phenols) forms. Lignin and its derivatives are interesting platform chemicals for industry, although
mainly due to its refractory characteristics its use has been less considered compared to other biomass
fractions. To take advantage of the potentialities of lignin, it is necessary to isolate it from the cellulose/
hemicellulosic fraction, and then apply depolymerization processes; the overcoming of technical
limitations being a current issue of growing interest for many research groups. In this review, significant
data related to the structural characteristics of different types of commercial lignins are presented,
also including extraction and isolation processes from biomass, and industrial feedstocks obtained as
residues from paper industry under different treatments. The review mainly focuses on the different
depolymerization processes (hydrolysis, hydrogenolysis, hydrodeoxygenation, pyrolysis) up to now
developed and investigated analyzing the different hydrocarbons and aromatic derivatives obtained in
each case, as well as the interesting reactions some of them may undergo. Special emphasis is done on
the development of new catalysts and catalytic processes for the efficient production of fuels and
chemicals from lignin. The possibilities of applications for lignin and its derivatives in new industrial
processes and their integration into the biorefinery of the future are also assessed.