Prebaked Anodes for Aluminum Market Demand Drivers and Forecast 2024-2032
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The Prebaked Anodes market in Aluminum production was valued at USD 8.5 billion in 2023. It is expected to grow to USD 12.5 billion by 2032, driven by a CAGR of 4.2%. The primary factor driving this growth is the increasing demand for aluminum in sectors like aerospace, automotive, and construction. Additionally, technological advancements in the production of prebaked anodes have played a significant role in fueling the market's growth.