Rapid Growth In Air Travel Stimulates Aerospace Fasteners Market Expansion Driver: Leading Transformation in the Aerospace Fasteners Market in 2025

What industry-specific factors are fueling the growth of the aerospace fasteners market?
With the improvement in standards of living and a rise in disposable income, the worldwide air travel sector has experienced substantial growth. The International Civil Aviation Organization for instance, projects a doubling in passenger traffic and cargo volume by the year 2035. Consequently, the amplified demand in air travel has fueled the augmentation of the aircraft manufacturing industry, subsequently spurring the expansion of the aerospace fasteners market.

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What Is the projected market size and growth rate for the aerospace fasteners market?
The market size for aerospace fasteners has seen a rapid expansion in the previous years. The market is projected to bolster from $8.19 billion in 2024 to $9.1 billion in 2025, rising at a compound annual growth rate (CAGR) of 11.1%. The amplification in the past era can be credited to the surge in the aerospace industry, modernization initiatives in the military, the globalization of aerospace supply chains, orders for commercial aircraft, and strict safety and quality regulations.

The market for aerospace fasteners is predicted to witness significant expansion in the forthcoming years, swelling to a value of $12.8 billion by 2029, with a compound annual growth rate (CAGR) of 8.9%. This anticipated growth over the forecast period can be credited to factors such as increasing numbers of air travellers, the advent of next-generation aircraft, emergent air travel markets, space exploration initiatives, and sustainable aviation efforts. Dominant trends projected during this period extend to the digitization of manufacturing, research and development in lightweight materials, incorporating smart fastening technologies, titanium fasteners, and the implementation of composite materials.

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How are the latest trends influencing the growth of the aerospace fasteners market?
A significant trend gaining momentum in the aerospace fastener market is the growing utilization of super alloys. These alloys are lauded for their superior mechanical strength, immunity from thermal creep deformation, impressive surface stability, and ability to resist corrosion and oxidation. SPS Technologies, for example, has embraced super alloys and pioneered the MP35N, the maiden fastener superalloy, which offers a distinctive blend of exceptional strength and excellent corrosion resistance and can function at temperatures up to 750 °F.

What major market segments define the scope and growth of the aerospace fasteners market?
The aerospace fasteners market covered in this report is segmented -

1) By Product: Screws, Nuts and Bolts, Washers, Rivets
2) By Platform: Fixed Wing Aircraft, Rotary Wing Aircraft
3) By Material: Aluminum, Titanium, Alloy Steel
4) By End-Use: Commercial, Defense

Subsegments:
1) By Screws: Machine Screws, Self-Tapping Screws, Specialty Screws
2) By Nuts And Bolts: Hex Nuts, Lock Nuts, Structural Bolts
3) By Washers: Flat Washers, Lock Washers, Belleville Washers
4) By Rivets: Solid Rivets, Blind Rivets, Semi-Tubular Rivets

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Which region dominates the aerospace fasteners market?
Europe was the largest region in the aerospace fasteners market in 2024. Asia-Pacific is expected to be the fastest-growing region in the aerospace fasteners market share during the forecast period. The regions covered in the aerospace fasteners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the aerospace fasteners industry growth?
Major companies operating in the aerospace fasteners market include Boeing Company, Wurth Group, Stanley Black & Decker Inc., Illinois Tool Works Inc., Allegis Corp., Alcoa Corp., Arconic Inc., TFI Aerospace Corporation, Precision Castparts Corp., Collison-Goll Ltd., Howmet Aerospace Inc., B/E Aerospace Inc., SPS Technologies Ltd., TriMas Corp., LISI Aerospace SAS, National Aerospace Fasteners Corporation, TPS Aviation Inc., B&B Specialities Inc., Consolidated Aerospace Manufacturing LLC, Binder Metal Products Inc., MS Aerospace, C & L Rivet Company Inc., ZAGO Manufacturing Co. Inc., Peninsula Components Inc., FSL Aerospace Ltd., Allfast Fastening Systems Inc., Cherry Aerospace, Aerodyne Group

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What Is Covered In The Aerospace Fasteners Global Market Report?

• Market Size Forecast: Examine the aerospace fasteners market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the aerospace fasteners market for a structured understanding.
• Key Players Overview: Analyze major players in the aerospace fasteners market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the aerospace fasteners market.
• Segment Contributions: Evaluate how different segments drive overall growth in the aerospace fasteners market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the aerospace fasteners market.
• Industry Challenges: Identify potential risks and obstacles affecting the aerospace fasteners market.
• Competitive Landscape: Review strategic developments in the aerospace fasteners market, including expansions, agreements, and new product launches.

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