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On the Definition, Assessment and Enhancement of Circular Economy across Various Industrial Sectors: A Literature Review
Summary
This review defined and assessed circular economy principles across aerospace, wind energy, transportation, automotive, and sports goods sectors, drawing on literature and the EU-funded RECREATE project to identify sector-specific circularity metrics and improvement strategies.
Circular economy has recently emerged as a key strategy for promoting sustainability and reducing waste in various industrial sectors. This paper provides an overview of circularity in aerospace, wind energy, transportation, automotive and sports goods using data and information from the literature and the EC funded project "RECREATE". The survey reviews the different definitions, assessment methods and metrics used to explore and evaluate circularity, including assessment frameworks such as Life Cycle Assessment (LCA) and assessment indicators. Furthermore, explores the challenges, possibilities and the available tools for enhancing circularity, such as digital tools. The survey highlights the importance of a holistic and systemic technique to circularity, concerning all stakeholders along the value chain. Overall, this study aims to contribute to a better understanding of circular economy and provides insights for future research.
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