The paper presents the results of experimental study of thermochemical conversion, phase transformations and chemical reactions during microwave pyrolysis of biomass (sawdust, straw, nutshells, rice husk, etc.). For the first time, the characteristics of the microwave co-pyrolysis of agricultural waste have been analyzed. The experiments aimed to register the yield of the main pyrolysis products (gas, char and bio-oil) by varying the following factors: type of biomass, particle size, type of absorber/catalyst, and composition of mixtures. The biomass particle size of 800 µm was optimal in terms of pyrolysis gas yield and quality. Pyrolysis of sawdust and straw had the maximum yield of combustible gas components in relation to CO2. The volumetric concentrations of CO, CH4, and H2 for these types of biomass were 20–70% higher than those for wheat bran, rice husk, and nut shell. Among the low-grade catalysts studied, carbon residue and charcoal were the most efficient in terms of maximizing combustible gas yield and reducing CO2. These catalysts reduced the bio-oil yield by a factor of 1.2 and increased the yield of combustible gases by a factor of 1.3. Pyrolysis of mixtures showed significant synergy, both positive and negative. The minimum yield of gas with the worst quality was typical for the mixture “rice husk 50%, sawdust 50%”. The maximum positive synergistic effects were recorded for the composition “rice husk 33%, sawdust 33%, and bran 33%”. The combination of these components increased the yield of CO, CH4 and H2 by 5–24%, 8–53% and 2–45%, respectively, compared to other mixtures. Thus, microwave co-pyrolysis creates great scope for the conversion of those components that do not provide the required gas characteristics during individual pyrolysis. Pyrolysis of mixtures contributes to the utilization of a large amount of plant waste while maintaining the quality of the end products.