Circular Economy in Automobile Industry: Literature Analysis

Circular Economy in Automobile Industry: Literature Analysis

With an increasing global focus on sustainability and reducing environmental impact, the concept of Circular Economy (CE) has become necessary for different sectors of the economy. This study targets the automotive industry as it is one of the major contributing sectors in the world. As there is a lack of review studies targeting the broader field of CE in the automobile industry it has become important to review CE concept literature to help future researchers determine future research directions. The aim of this paper is to present an analysis and better understand the concept of CE within the automotive industry. A systematic view is provided by reviewing, categorizing, and analyzing papers published between 2014 and 2023 on the Web of Science (WOS) database. Analysis of references is done through cataloging. This article investigates the main research directions and trends in terms of CE in the automobile industry and which element of the CE concept is becoming more popular while implementing CE practices. Through literature analysis, gaps are identified, and future research directions are proposed to fill them.