PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1886243
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1886243
The Global Aerospace Fasteners Market is valued at approximately USD 8.44 billion in 2024 and is projected to grow at a CAGR of 6.47% over the forecast period 2025-2035. Aerospace fasteners, including rivets, screws, and bolts, play a critical role in ensuring structural integrity, safety, and reliability in aircraft. These components are indispensable in both commercial and military aviation, connecting airframe structures, securing engine components, and facilitating maintenance operations. Market growth is primarily driven by increasing air travel demand, rising aircraft production, and technological innovations in lightweight materials such as titanium and aluminum alloys, which enhance performance while reducing overall aircraft weight.
Rising global aircraft deliveries and fleet expansions have significantly accelerated the demand for aerospace fasteners. With commercial airlines upgrading existing fleets and military forces modernizing aircraft, the requirement for high-strength, corrosion-resistant fasteners has intensified. Advanced materials and precision manufacturing techniques are also enabling aerospace manufacturers to achieve superior durability and performance under extreme operating conditions. However, fluctuating raw material prices and supply chain disruptions could pose short-term challenges during the forecast period 2025-2035.
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Commercial aircraft applications are expected to dominate the aerospace fasteners market due to the consistently higher production volumes, fleet expansions, and replacement requirements within civil aviation. The growth is further fueled by increasing passenger traffic, airline fleet modernization programs, and stringent regulatory compliance, which necessitate robust fastening solutions. Conversely, military aircraft, while lower in volume, demand specialized, high-performance fasteners capable of withstanding extreme environmental conditions, offering a lucrative opportunity for premium segment fasteners.
Titanium fasteners currently lead in revenue generation due to their high strength-to-weight ratio, corrosion resistance, and suitability for critical structural applications. These fasteners are extensively used in high-performance and military aircraft, whereas aluminum fasteners, being cost-effective and lightweight, continue to see widespread adoption in commercial aircraft applications. The market reflects a dual trend where titanium fasteners drive premium revenue growth while aluminum fasteners ensure broad market coverage.
North America holds the largest market share, driven by a mature aerospace industry, high aircraft production rates, and the presence of leading aerospace OEMs and suppliers. Europe shows steady growth supported by established manufacturing hubs and strong defense procurement programs. Asia Pacific is anticipated to be the fastest-growing region during 2025-2035, propelled by rapid industrialization, expansion of domestic airline fleets, and investments in both commercial and military aircraft production. Latin America and the Middle East & Africa are gradually increasing their adoption of advanced aerospace fasteners due to modernization initiatives and infrastructure development.
The objective of the study is to define market sizes of different segments and countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. It also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below: