European remanufacturing market study 2021
With a total value of €4.7 bn of remanufactured spare parts sold by suppliers in 2020, the automotive aftermarket is already substantially contributing to the circular economy targets proposed by the European Commission in their Green Deal. CLEPA, together with the consultancy Oakdene Hollins, have recently published a study on the contribution of automotive to the circular economy targets, where results estimate that more than 800 kt CO2 were avoided in 2020, an amount equal to the annual carbon emissions of 120,000 EU citizens.
The study included a sector-wide approach for qualifying the CO2 impact. It calculated the emissions avoided by considering the material retained during the remanufacturing process.