An estimated 1.6 billion metric tons of sugarcane are produced worldwide each year, producing 279 million tons in metric of sugarcane bagasse (SCB) [1]. In terms of sugarcane production, Brazil leads the world with an annual output of about 739,300 metric tons, followed by India, China, Thailand, Pakistan, Mexico, Colombia, Indonesia, the Philippines, and the United States [2]. Sugarcane production produces waste and, if neglected, will have a serious negative impact on the environment. Alcohols, furfurals, organic acids, butanol, hydrogen, methane, ethanol, and other value-added products have all seen a major increase in output during the past few years [3], [4], [5]. The sustainable bio economy should be expanded via bio-based methods. An economic transformation from linear to circular will occur if the bio economy is more circular and sustainable. In view of the requirement for energy and environmental sustainability, a great deal of research has been done on the various SCB applications. Due to its successful application in the production of bioethanol, SCB is an acceptable source of sustainable feedstock for biofuel production. The SCB's bio products and enzymes demonstrate their economic value. Due to the higher reserve price than the current market price, the feasibility and industrial scale economics of biodiesel with sugar cane bagasse have revealed adverse net present values.