Prebaked Anodes for Aluminum Market Dynamics and Growth Opportunities 2024-2032
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As of 2023, the global market for Prebaked Anodes in Aluminum production was valued at USD 8.5 billion. Projections suggest it will grow to USD 12.5 billion by 2032, representing a CAGR of 4.2%. The surge in demand for aluminum across sectors like automotive, aerospace, and construction is one of the main drivers of this market's growth. Also, advancements in the manufacturing of prebaked anodes have significantly propelled the market forward.