The demand of the global economy for fossil resources needed for the production of fuel and basic chemicals is expected to exceed supply in the coming decades. Because of its heavy reliance on fossil fuels for increased efficiencies over the 20th century, the chemical industry has been particularly motivated to harness alternative raw materials, such as biomass, that are environmentally and economically sustainable. Biorefineries have provided stable, large-scale means of converting biomass into base chemicals, but until recently the main focus has been on the conversion of the mainly cellulosic fraction of edible plants into biofuels. Second- and third-generation biorefineries are striving to be more economically integrated and sustainable by utilizing raw material fractions to a greater extent and by not competing with the agriculture and food sector. The goal of this study was to evaluate the potential of kiln-dry condensate as a source for production of bio-based chemicals. The condensates of three typical European wood species were analyzed. Part 1 evaluated the volatile extractives; Part 2 concentrates on semi- and non-volatile extractives of kiln-dry condensates.