Lignin,
a major component of lignocellulose, is the largest source
of aromatic building blocks on the planet and harbors great potential
to serve as starting material for the production of biobased products.
Despite the initial challenges associated with the robust and irregular
structure of lignin, the valorization of this intriguing aromatic
biopolymer has come a long way: recently, many creative strategies
emerged that deliver defined products via catalytic or biocatalytic
depolymerization in good yields. The purpose of this review is to
provide insight into these novel approaches and the potential application
of such emerging new structures for the synthesis of biobased polymers
or pharmacologically active molecules. Existing strategies for functionalization
or defunctionalization of lignin-based compounds are also summarized.
Following the whole value chain from raw lignocellulose through depolymerization
to application whenever possible, specific lignin-based compounds
emerge that could be in the future considered as potential lignin-derived
platform chemicals.