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The rising pressure on both cleaner production and sustainable development have been the main driving force that pushes mankind to seek for alternative greener and sustainable feedstocks for chemical and energy production. The biomass ‘waste-to-wealth’ concept which convert low value biomass into value-added products which contain high economic potential, have attracted the attentions from both academicians and industry players. With a tropical climate, Malaysia has a rich agricultural sector and dense tropical rainforest, giving rise to abundance of biomass which most of them are underutilized. Hence, the biomass ‘waste-to-wealth’ conversion through various thermochemical conversion technologies and the prospective challenges towards commercialization in Malaysia are reviewed in this paper. In this paper, a critical review about the maturity status of the four most promising thermochemical …