The development of renewable energy is currently strongly required to address environmental problems such as global warming. In particular, biomass is highlighted due to its advantages. When using biomass as an energy source, the conversion process is essential. Fast pyrolysis, which is a thermochemical conversion method, is a known method of producing bio-oil. Therefore, various studies were conducted with fast pyrolysis. Most studies were conducted under a lab-scale process. Hence, scaling up is required for commercialization. However, it is difficult to find studies that address the process analysis, even though this is essential for developing a scaled-up plant. Hence, the present study carries out the process analysis of biomass pyrolysis. The fast pyrolysis system includes a biomass feeder, fast pyrolyzer, cyclone, condenser, and electrostatic precipitator (ESP). A two-stage, semi-global reaction mechanism was applied to simulate the fast pyrolysis reaction and a circulating fluidized bed reactor was selected as the fast pyrolyzer. All the equipment in the process was modeled based on heat and mass balance equations. In this study, process analysis was conducted with various reaction temperatures and residence times. The two-stage, semi-global reaction mechanism for circulating fluidized-bed reactor can be applied to simulate a scaled-up plant.