• Journal of Applied Reliability
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• v.10 no.3
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• pp.199-211
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• 2010

Recycling involves processing used materials into new products and remanufacturing is an industrial process in which worn-out products are restored to like-new condition. Recycling and remanufacturing industry is environmentally and economically important industry and provides significant benefits to prevent waste of potentially useful materials and reduce energy usage. The purpose of this research is to investigate the trend of recycling and remanufacturing industry in Korea and other countries like Germany, Japan and America. The yield information is generally quite valuable to promote green growth industry as an important alternative in the 21st century.