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Car Recycle Market

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The Car Recycle Market was USD 99.67 Bn in 2024 and is expected to expand at a CAGR of 14.1 % from 2025 to 2032, reaching USD 286.32 Bn by 2032. Car recycling saves precious resources such as steel, aluminum, plastics, and rubbers which can be used in manufacturing new products. Many countries have implemented Government regulations such as Extended Producer Responsibility (EPR), EU regulations, and EPA (Environmental Protection Agency) standards in the U.S to guarantee the safe disposal of ELV (End of Life Vehicle). Automotive recyclers and dismantlers can extract reusable components from junk cars, such as

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