Advances in Management and Applied Economics

Aluminum Circular Economy in the Bicycle Industry

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• Abstract

   

  From a traditional perspective, Bicycles are considered low-carbon emission transportation tools for commuting and traveling. This study analyzes aluminum recycling pathways within the bicycle manufacturing process to illustrate the bicycle circular economy model for the industry stakeholders to better understand the roadmap for improving from manufacturing to recycling. The goal is to promote the bicycle industry's sustainable development by achieving economic benefits and environmental protection. A comprehensive analysis of the entire lifecycle of the bicycle manufacturing process including production, usage, and recycling, was conducted for future application and manufacturing improvement. This research identifies existing technical barriers, policy limitations and restrictions, and issues related to market acceptance. In response to these challenges, a framework is proposed to draw a roadmap for the industry to make informed decisions on circular-economy-centered practices. This approach encourages companies to improve carbon emission efficiency to contribute to the long-term sustainability of the bicycle industry.

   

  JEL classification numbers: L11, M10.

  Keywords: Carbon Emission Efficiency, Circular Economy, Aluminum Recycling, Sustainability.