Selective deoxygenation of 2-methoxycyclohexanone, one of the hydrogenated by-products in guaiacol hydrodeoxygenation, to phenol, cyclohexanone and cyclohexanol was investigated over carbon supported noble metal catalysts without external H2. Pt/C exhibited the best performance and the yield of target products reached 48% in water solvent at 493 K. This system can be applied to demethoxylation of 2-methoxycyclohexanol (49% yield). Demethoxylation of guaiacol is also possible under 0.1 MPa of H2 (46% yield). The yield of the target demethoxylation products was strongly dependent on the catalyst amount; too much catalyst decreased the yield due to the over-reaction, while the reaction stopped before total conversion of intermediates when the catalyst amount was too small. Fresh Pt/C catalyst has activity in hydrodeoxygenation of the target products and the reusability test showed deactivation of Pt/C during reaction, suggesting that deactivation at appropriate reaction progress controlled by catalyst amount is a key to good yield of the target products. In contrast to other noble metal catalysts, Pt/C has activity in both dehydrogenation of cyclohexane ring and hydrogenolysis of C–O bond, both of which contributed to the conversion of 2-methoxycyclohexanone to target demethoxylation products, according to the reactions of cyclohexanone and cyclohexanol as model substrates.