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Aerospace Fasteners Market Expanding at a CAGR of 8.2% during 2021-2026

According to the latest report by IMARC Group, the global aerospace fasteners market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of 8.2% during 2021-2026.

Report Metric

Historical: 2015-2020

Base Year: 2020

Forecast Year: 2021-2026

Industry Definition and Application:

Aerospace fasteners are various hardware tools, such as bolts, screws, clamps, hi-locks, rivets, pins and nuts, which are commonly used in commercial and military aircraft, ballistic missiles, rockets and satellites. They are utilized for fastening or fixing two or more components together, such as interior fittings, flight control surfaces and nacelles. They are also used for creating temporary joints that can be dismantled without damaging the surrounding equipment. These tools are usually manufactured using aluminum, titanium and steel for enhanced durability against high pressure and temperatures.

Download free sample of the report:

The global market is primarily driven by the thriving civil aviation industry. A significant rise in the air commutation has resulted in the increasing production of aircraft with premium-quality components and luxurious interiors to improve overall passengers’ flight experience. Furthermore, the utilization of advanced manufacturing techniques, such as 3D printing and additive manufacturing (AM), which aid in producing lightweight and corrosion-resistant components, is also providing a boost to the market growth. Other factors, including rapid urbanization and favorable policies to improve airport infrastructure, along with increasing space exploration activities, are projected to drive the market further.

Competitive Landscape

The report has also analysed the competitive landscape of the market with some of the key players being Arconic Fastening Systems & Rings, B&B Specialties, LISI Aerospace, 3V Fasteners Company, National Fasteners Company, TriMas Corporation, Wesco Aircraft Holdings, CDP Fastener Group, TFI Aerospace Corporation, Stanley Engineered Fastening, Ho-Ho-Kus Inc, etc.

Browse full report with detailed TOC and list of figures and tables:

Key Market Segmentation:

Breakup by Product Type

1. Rivets

2. Screws

3. Nuts and Bolts

4. Washers

5. Others

Breakup by Material Type

1. Aluminium

2. Alloy Steel

3. Titanium

4. Others

Breakup by Application

1. Interior

2. Control Surfaces

3. Fuselage

Breakup by Aircraft Type

1. Narrow Body Aircraft

2. Wide Body Aircraft

3. Very Large Aircraft

4. Fighter Jet

5. Others

Breakup by End-Use Sector

1. Commercial

2. Defense

3. Others

Breakup by Region

1. North America

2. Europe

3. Asia Pacific

4. Middle East and Africa

5. Latin America

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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