Automotive parts are wear out and need to be replaced after a certain time. Automotive parts will thus continue to be in high demand in the European aftermarket, creating several growth prospects for businesses in the automotive parts remanufacturing market. Over the years, the attractive cost savings and favorable margins associated with the automobile parts remanufacturing business have secured a profitable position for automotive part remanufacturers. Remanufactured parts are almost 50?75% less expensive than the original product while maintaining the same quality, which remains the key driver for impacting market growth.