As the world's second most renewable resource, lignin has been studied for depolymerization into useful chemicals and fuels for many years. However, although good results were achieved in laboratory tests, it is difficult to apply those techniques into industrial production. One of the main obstacles is the costly separation tasks of complex degradation products, as reflected from the case of industrial production of vanillin from lignin. In this article, we introduce and discuss the degradation strategies and products that are potential for lignin depolymerization into valuable chemicals on a commercial scale. Based on the viewpoint of not only conversion and yield but also the complexity of degradation products, five categories of products and corresponding processes are recommended as more promising chemicals for industrial production in the near future.