4 Money Generating Benefits of Car and Wreck Recycling
Every year, 14 million vehicles in the United States become unusable. Statistics according to Recycling also clarify that there are a lot of opportunities to be gained from a car that has reached its end-use. Recycled cars alone make up 25 million tons of recycled vehicles.
Imagine what benefits we stand to gain for the economy and the environment when we choose to recycle other forms of wrecks. But before we dive deep into the benefits of wreck recycling let’s look at some of the numbers that make automobile recycling beneficial;
In the United States, car recycling contributes $25 billion a year to the GDP with an employment rate of 100,000 people. This makes it the 16th largest industry in the United States.
Steel materials gotten from the U.S and Canada can provide enough steel to produce a whopping 13 million vehicles.
Ferrous metals from the automotive industry make for 40% of the raw materials used in scrap processing.
While 75% of every automobile recycling industry are small businesses employing 10 people, these businesses successfully provide quality spare parts that are 20-80% less costly than acquiring new ones.
Some of the valuable materials that can be gotten from automobile recycling
If wreck yards receive an influx of 12 million cars to be recycled, you may be wondering what they do with all that. Well, here is a simple explanation of how different parts are used:
Car Batteries
Car batteries are recycled for their plastics, lead, and acid. In fact, 99% of every car battery can be recycled which makes it the most commonly recycled in the US. Just make sure you are actively involved in these recycling processes. Of course, you can earn a few bucks
Oil and oil filters
Do you know 1 million gallons of freshwater can be rendered useless if one gallon of oil is improperly disposed of? Oil recycling is better because its contamination is difficult to clean even on land!
Tires
Tire tons can be recycled and reused for several purposes. Currently, only 80% are recycled through advanced processes.
Other parts that can be recycled are;
● Scrap metal
● Additional resources
● Catalytic Converters
● Glass: The recycling of glass especially from the windshield of cars has become widely practiced and accepted.
What are the benefits of car and wreck recycling?
The highlight of car wreck recycling is the making of new cars from old ones. Resources are saved, and energy is also saved. In turn, the emission is reduced and the world is a greener place. Here are some of the benefits of recycling for both the economy and the environment;
Wildlife and Natural Resource Protection
Car recycling does not only save costs or add to the economy. When building new cars from old recycled materials, it also saves energy and other parts of the environment because there will be a reduced need to degrade and engage in mining activities. Mining activities especially for steel lead to soil pollution and erosion. Some of the lands even if remediated cannot return back to their original state. Also, the use of landfills for dumps and mining wastes pollute bodies of water and endangers the existence of fauna and wildlife in those locations. The save in costs stretches from substantial economic gain to priceless preservation of the environment.
Conservation of energy and resources
Steel mining and processing results in the emission of greenhouse gasses. This is because in melting down already processed steel, you use less energy compared to when refining iron ores. Talking in numbers, 2,500 pounds of iron ore is preserved when you recycle a ton of steel. Other materials such as coal, and plastics, can be transformed into new products or raw materials to be used for other purposes.
Space creation
Imagine if you had all the cars sent to junkyards littered on the streets. Even junkyards have a hard time managing space. You also do not want to leave your old car to be occupying space in your yard. They can leak harmful substances into your space. You are better off sending your car to a junkyard and making some money off your end-of-life vehicle.
At Olgin and Efune we handle all forms of recycling. We guarantee that every recycled car and materials are disposed of according to legislation and standards. Also, with a network of partners, we ensure to buy scraps from owners at competitive prices. If you want to learn more about how we can help you, you can contact us and we will be happy to answer any questions you have.