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Despite its growth, the used auto parts market in Korea faces several challenges. Competition from new parts manufacturers and the need for stringent regulations concerning the quality of used parts are ongoing issues. Additionally, the stigma associated with purchasing second-hand goods can deter some consumers. To combat these challenges, industry stakeholders must focus on education and awareness, emphasizing the benefits of used parts and the importance of quality assurance.


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The demand for V-belts in Thailand is closely tied to the automotive and industrial sectors. As one of Southeast Asia's most robust economies, Thailand has established itself as a hub for automobile manufacturing. Major global automotive brands operate here, attracted by favorable investment conditions and incentives provided by the government. This surge in automotive production directly influences the demand for V-belts, as they are integral to vehicle mechanics, powering various systems such as alternators, power steering pumps, and air conditioning compressors.


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