Aerospace Fasteners Market Size - By Product Type, By Material, By Platform, By Application and By End Use - Global Forecast, 2025 - 2034

Aerospace Fasteners Market Size

The global aerospace fasteners market was valued at USD 7.3 billion in 2024, with a volume of 3,806.7 million units and is estimated to grow at a CAGR of 7.5% to reach USD 14.9 billion by 2034. The growth of the aerospace fasteners industry is attributed to factors such as the increasing global air traffic & fleet expansion coupled with the surge in military aircraft modernization.
 

The aerospace fasteners industry faced significant repercussions from the Trump imposed tariffs, particularly those imposed on Chinese metal components and aerospace-grade aluminum and steel. The tariffs increased the price of foreign raw materials essential to fastener manufacturing, stretching procurement budgets and affecting U.S.-made fasteners' price competitiveness. The increased costs distorted established global supply chains and resulted in delayed aircraft assembly schedules. In response, aerospace manufacturers sought alternative sourcing strategies, including reshoring production and diversifying supplier bases to mitigate risks and maintain operational continuity amid rising input costs and trade uncertainty.
 

The increasing global air traffic & fleet expansion serves as a primary factor behind the growth of the market. For instance, in 2024, the total full year traffic rose by 10.4% compared to the year 2023, as stated by IATA.  Every aircraft such as commercial, cargo, and defense, require millions of fasteners such as bolts, screws, nuts, and rivets, that hold its structure. Additionally, the rise in low-cost carriers (LCCs) in emerging markets such as Asia Pacific, and Middles East and Africa to serve underserved air routes, is further propelling the demand for aerospace supply chains, including fastener manufacturing. Moreover, With the push towards fuel efficient and lightweight aircrafts, there is an increasing demand for fasteners made from composite compatible materials such as titanium and aluminium alloys, which further contributes to the growth of aerospace fasteners market.
 

Aerospace fastener manufacturers should focus on producing lightweight, composite-compatible fasteners and expand partnerships with OEMs in emerging markets, as rising global air traffic and fleet expansion especially among low-cost carriers drive demand for advanced, high-performance fastening solutions.
 

The surge in military aircraft modernization is another major growth driver for the growth for the market. Several military aircrafts such as F-16s, MiG-29s, B-52s, still operate from the cold war era, which requires Structural reinforcements, Airframe refurbishments, Periodic overhauls, all of which require removal or replacement of thousand of fasteners to maintain airworthiness and safety. Additionally, the increasing defense spending in various region is further fuelling the development of advanced aircrafts with stealth materials and composites, that requires precision engineered and high strength fasteners, that can withstand extreme temperatures, pressure, and stress. Furthermore, the increasing emphasis from various countries towards self-reliance in defense with government led initiative such as India’s Make in India initiative, Turkey’s TAI Hürjet & KAAN programs, Saudi Arabia’s Vision 2030 defense localization, is boosting the domestic aircraft production, which propels the domestic demand for aerospace components, particularly fasteners, which are integral to the airframe and subsystems.
 

Aerospace fastener companies must create high-strength, precision-made fasteners that are compatible with stealth materials and composites and align defense localization efforts to address increasing demand in military aircraft modernization and domestic production programs in strategic areas.
 

Aerospace Fasteners Market Trends

• Recent trend observed in the aerospace fasteners industry is the increasing emphasis towards the production of superalloy fasteners, particularly those from MP35N, due to their superior mechanical properties and reliability under extreme conditions. MP35N is an alloy of nickel cobalt chromium molybdenum, which provides superior tensile strength, fatigue life, and improved corrosion resistance, even under severe conditions like saltwater and hydrogen sulphide exposure. These fasteners are able to retain their structural integrity at broad temperature ranges, hence being perfect for serious aerospace uses like airframes, engines, and actuator systems.
   
• The enhanced use of high-tech lightweight material like titanium alloys, composites, and superalloys to manufacture aerospace fasteners is the key trend seen in the market. They are largely used because they have a high strength to weight ratio, can resist corrosion, and sustain extreme temperatures, which further qualifies them for structural and engine parts.
   
• Another significant trend in the market is the growing focus towards the incorporation of robotics to faster the production by automating repetitive and high precision manufacturing tasks. These systems can operate continuously and increase production and efficiency while minimizing labour cost and workplace injuries. The use of robotics further enhances traceability and process control, which are critical to meet various stringent regulations and standards in aerospace industry.
   

Aerospace Fasteners Market Analysis

Based on the product type, the aerospace fasteners industry is segmented into rivets, screws, nuts & bolts, and other.
 

• The rivets was the largest market and was valued at USD 3.1 billion in 2024. Rivets are expected to witness growth in the market due to their critical role in providing strong, lightweight, and permanent joints essential for aircraft structural integrity. With increasing aircraft production, particularly in commercial aviation and lightweight airframes, demand for rivets rises accordingly. Their cost-effectiveness, resistance to vibration, and suitability for high-stress applications make them indispensable in fuselage and wing assembly. Additionally, advancements in blind rivet technologies enhance installation efficiency, further supporting their adoption across both OEM and MRO aerospace segments.
   
• The screws is the fastest growing market and is projected to grow with a CAGR of 8.5% during the forecast period. Screws are expected to grow in the market due to their versatility, ease of installation, and reusability, making them ideal for both assembly and maintenance operations. They provide strong, adjustable fastening for non-structural and interior components, such as avionics, panels, and seating systems. As aircraft designs become more modular and maintenance-friendly, demand for screws rises. Additionally, the trend toward lightweight materials and the growth of commercial aviation and aftermarket services further drive the need for high-performance aerospace screws.

Based on the material, the aerospace fasteners market is segmented into aluminum, steel, superalloys, and titanium.
 

• The aluminum was the largest market and was valued at USD 2.8 billion in 2024. Aluminum is expected to grow in the market due to its high strength-to-weight ratio, corrosion resistance, and cost-effectiveness, making it ideal for reducing overall aircraft weight and improving fuel efficiency. With increasing production of commercial and military aircraft focused on lightweight design, aluminum fasteners are in greater demand for non-critical structural and interior applications. Additionally, advancements in aluminum alloy technologies enhance durability and compatibility with composite airframes, further supporting its adoption in both OEM manufacturing and maintenance operations.
   
• The titanium is the fastest growing market and is projected to grow with a CAGR of 9.1% during the forecast period. Titanium is expected to grow in the aerospace fasteners industry due to its high temperature resistance, and superior corrosion resistance, key attributes for modern aircraft operating under extreme conditions. As next-generation aircraft increasingly utilize composite and advanced alloy structures, titanium fasteners ensure structural integrity without adding significant weight. Its compatibility with carbon fiber components and performance in high-stress areas like engines and airframes further drive demand. Rising defense budgets and increasing production of advanced fighter jets also support market expansion.
   

Based on the platform, the aerospace fasteners market is segmented into commercial aircraft, military aircraft, business jets, helicopters, and unmanned aerial vehicles (UAVs).
 

• The commercial aircraft was the largest market and was valued at USD 2.4 billion in 2024. The commercial aircraft segment is expected to grow in the market due to rising global air travel demand, fleet modernization, and increased aircraft production by major OEMs like Boeing and Airbus. Fasteners are critical for airframe assembly, interior fittings, and structural integrity. The push for lightweight, fuel-efficient aircraft using advanced materials drives demand for specialized fasteners. Additionally, expanding low-cost carrier networks and regional aviation, particularly in Asia-Pacific and the Middle East, further bolster growth in commercial aviation fastener consumption.
   
• The unmanned aerial vehicles (UAVs) is the fastest growing market and is projected to grow with a CAGR of 8.8% during the forecast period. The UAV segment is expected to grow in the market due to increasing applications across defense, surveillance, agriculture, and logistics. As UAVs become more sophisticated and mission-critical, the need for lightweight, high-strength, and corrosion-resistant fasteners grows. The integration of composite materials in UAV airframes also drives demand for specialized fastening solutions. Expanding defense budgets, commercial drone usage, and regulatory support for drone operations globally further contribute to the rising need for precision fasteners in UAV manufacturing.
   

Based on the application, the aerospace fasteners market is segmented into airframe, interiors, engine, control surfaces, landing gear, and others.
 

• The airframe was the largest market and was valued at USD 2.4 billion in 2024. The airframe segment is expected to grow in the market due to the increasing production of lightweight, fuel-efficient aircraft that require a high volume of reliable fastening solutions. Fasteners are essential for assembling fuselage sections, wings, and control surfaces, particularly as manufacturers incorporate advanced composites and aluminum alloys. Growth in commercial aviation, fleet renewals, and rising demand for next-generation aircraft with modular structures drive the need for specialized, corrosion-resistant fasteners that ensure safety, structural integrity, and ease of maintenance.
   
• The engine is the fastest growing market and is projected to grow with a CAGR of 9.8% during the forecast period. The engine segment is poised for growth in the aerospace fasteners industry due to rising production of high-performance jet engines and increased demand for fuel-efficient propulsion systems. Aircraft engines require fasteners that can withstand extreme temperatures, pressures, and vibrations, necessitating the use of high-strength materials like titanium and superalloys. As OEMs and MRO providers focus on engine upgrades and reliability, the need for precision-engineered, thermally resistant fasteners expands. Growing air travel and stringent safety regulations further support this segment’s sustained demand.
   

Based on the end user, the aerospace fasteners market is segmented into OEMs (Original Equipment Manufacturers), and MRO (Maintenance, Repair, and Overhaul).
 

• The OEMs (Original Equipment Manufacturers) was the largest market and was valued at USD 4.2 billion in 2024. The OEM segment is expected to grow in the market due to rising production of new commercial and military aircraft to meet global air travel demand and defense modernization efforts. OEMs require large volumes of specialized fasteners for structural and non-structural components, especially as aircraft designs evolve with lightweight composites and advanced alloys. Additionally, innovations in modular and fuel-efficient aircraft drive the need for high-performance fasteners, supporting long-term growth for OEM-related fastener consumption across global aerospace programs.
   
• The MRO (Maintenance, Repair, and Overhaul) is the fastest growing market and is projected to grow with a CAGR of 8.3% during the forecast period. The MRO segment is estimated to grow in the market of aerospace fasteners operating by expanding global aircraft fleet and aging aircraft, requiring periodic maintenance. Fasteners are important in regular inspection, structural repair and retrofitting programs, especially in commercial aviation. As the air travel rebounds and aircraft use increases, the airlines prioritize overhaul and part replacement on time. Regulatory mandate and safety standards require a fastener check and replacement that move forward, which increases MRO demand. The increase in low -cost carriers and emerging markets also accelerates MRO service expansion.

• The U.S. dominated the aerospace fasteners market, accounting for USD 2.3 billion in the year 2024. The growth in the market is due to the position of U.S. as a largest aerospace manufacturing base, along with the presence of global leaders in both commercial and military aircrafts such as Boeing, Lockheed Martin, Raytheon, and Northrop Grumman. Also, the nation has one of the largest MRO ecosystems globally, which drives continuous maintenance and upgrade cycle of both military and commercial fleets, which further fuels the demand for fasteners. Additionally, the increasing defense budget of the U.S. further encourages the usage of F-35, B-21 Raider, and hypersonic vehicles, all of which require highly engineered fasteners made from titanium alloys, Inconel, and composites. For instance, For instance, according to Statista, the U.S. spent around USD 916 billion on its military in 2023, representing an increase from USD 860.7 billion from the year 2022.
   
• The Germany aerospace fasteners market accounted for USD 413.3 billion in the year 2024. Germany is a major hub for airbus assembly and engineering, with the production of aircrafts such as A320neo and A350, which drives the demand for fasteners. Also, the advancement in material and engineering technology has led to rapid development of precision fasteners and high-grade alloys, that are used in aviation. Moreover, the country further leads in manufacturing of lightweight and corrosion resistance fasteners to comply with EU emission regulations. Additionally, the focus on Germany towards the sustainable aviation is pushing the demand for sustainable aircrafts, which encourages the investment towards R&D for lightweight fastener market.   
   
• The China aerospace fasteners market is projected to reach USD 2 billion by the year 2034. The aggressive push of China towards the indigenous production of aircraft by COMAC is also driving the demand for domestically manufactured aerospace fasteners, with a view to decreasing dependence on Western suppliers. Moreover, the fast growth in civil aviation and increasing middle class population further drives the long-term demand for aircrafts, that drives the demand for fasteners in manufacturing and MRO industry. 
   
• The Japan market accounted for USD 328.8 billion in 2024. Japan is anticipated to witness growth in the aerospace fasteners industry due to its robust aerospace production base, involvement in global aircraft programs, and government sponsorship of defense modernization. Japanese producers prioritize precision engineering and high-tech materials, which will increase demand for high-quality fasteners. Moreover, local expansion in commercial aviation and growing investment in domestic aircraft development, i.e., the Mitsubishi SpaceJet and defense planes, are also contributing to the demand for aerospace-grade fasteners in both the OEM and MRO markets.
   
• The India aerospace fasteners market is anticipated to grow at a CAGR of over 10.2% during the forecast period. India is poised for growth in the market owing to its expanding civil aviation sector, ambitious defense procurement plans, and growing domestic aircraft production capabilities. Policies like "Make in India" and Defense and Space Program Investment are accelerating aerospace production. With increasing demand for narrow-body aircraft, MRO facilities, and indigenous defense platforms such as HAL's Tejas, demand for cost-efficient and lightweight fasteners is increasing. Global OEMs who establish manufacturing and sourcing locations in India also contribute to development.
   
• UAE market was accounted for USD 211.9 million in 2024. The UAE is expected to grow in the market of aerospace fasteners, due to its strategic investment in aviation infrastructure, MRO capabilities and aerospace manufacturing through institutions such as Stratea Construction. As a major center for global air travel and cargo, the UAE supports continuous aircraft maintenance and upgradation, increasing demand for fasteners. Additionally, military modernization programs and cooperation with global OEMs for local production further stimulate the market. The country's focus on becoming a regional aerospace hub strengthens the demand of fastener for a long time.
   
• Saudi Arabia aerospace fasteners market is projected to grow at a CAGR of 7.7% during the forecasted period. Saudi Arabia is expected to grow in the market of aerospace fasteners driven by Vision 2030 initiative, which emphasizes local aerospace manufacturing and defense self -sufficiency. The Kingdom is increasing investments in aviation infrastructure, developing domestic MRO capabilities, and partnering with global OEMs to build local manufacturing bases. The demand for military aircraft, helicopters and UAVs is also increasing under the National Defense Procurement Programs. As these programs proceed, the requirement of aerospace-grade fasteners especially structural and engine components is expected to grow.
   
• South Africa market is anticipated to reach USD 189.3 million by 2034. South Africa’s polybag mailers market is driven by growth in informal and SME-driven e-commerce, especially on platforms like Takealot and mobile-first apps. The need for cost-efficient, durable packaging in rural and peri-urban delivery zones makes polybags ideal. Furthermore, heightened awareness of plastic waste and recyclability is leading to greater use of mono-material or biodegradable polybags. Investments in reverse logistics and returnable packaging models are also opening up new demand channels.
   

Aerospace Fasteners Market Share

The aerospace fasteners industry is highly competitive and moderately consolidated, characterized by the presence of leading global manufacturers and specialized suppliers serving both commercial and military aviation sectors. The top 3 companies in the global market are Howmet Aerospace Inc., Stanley Black & Decker, Inc., and Precision Castparts Corp. collectively accounting for over 25.8% market share. These key players maintain their competitive edge through expansive product portfolios, longstanding relationships with OEMs and Tier-1 suppliers, and sustained investment in manufacturing automation and material innovation.
 

There is a growing emphasis on advanced fasteners that support next-generation aircraft design trends, including lightweight airframes, composite material integration, and modular assembly. Fasteners made from high-performance alloys such as titanium and aluminum are increasingly adopted to enhance strength-to-weight ratios and corrosion resistance. The industry is also witnessing advancements in installation techniques, such as quick-locking systems and torque-controlled fasteners, which reduce assembly time and improve maintenance efficiency.
 

Additionally, aerospace fasteners are evolving to meet the needs of critical aircraft systems including airframe, engine, interiors, and landing gear structures, with specific design standards for structural integrity, vibration tolerance, and thermal stability. As aircraft OEMs pursue greater fuel efficiency and MRO providers address the rising demand for aftermarket services, the adoption of durable, high-precision fasteners is poised to grow, reinforcing their essential role in aerospace manufacturing and lifecycle management.
 

Howmet Aerospace Inc. leverages advanced materials engineering and manufacturing expertise to deliver high-performance aerospace fasteners for both commercial and defense aviation sectors. The company specializes in precision-engineered fasteners that meet the stringent structural and environmental demands of modern aircraft, including applications in airframes, engines, and critical systems. Howmet’s core strength lies in its ability to provide lightweight, high-strength fastening solutions using advanced alloys such as titanium and superalloys. Its product portfolio emphasizes durability, corrosion resistance, and consistent performance under high-load and high-temperature conditions, enabling tailored solutions for next-generation aircraft platforms.
 

Precision Castparts Corp. (PCC) delivers high-integrity aerospace fasteners engineered for demanding structural and engine applications. With deep metallurgical expertise and vertically integrated manufacturing, PCC offers a broad portfolio of fasteners known for their strength, fatigue resistance, and performance under extreme temperatures. The company specializes in forged and machined fasteners made from advanced alloys such as titanium, Inconel, and other high-temperature materials. Its fasteners support critical aerospace components, particularly in turbine engines and high-stress airframe sections, where reliability and material integrity are paramount. PCC’s focus on quality, scalability, and precision ensures strong alignment with aerospace OEM and Tier-1 supplier requirements.
 

Aerospace Fasteners Market Companies

The aerospace fasteners industry features several prominent players, including:

• B&B Specialties Inc.
• Boeing
• Böllhoff Group
• Cherry Aerospace
• Howmet Aerospace Inc.
• LISI Aerospace
• M.S Aerospace
• National Aerospace Fasteners Corporation
• Preci-Manufacturing
• Precision Castparts Corp.
• Stanley Black & Decker, Inc.
• TriMas Corporation
• Wurth Group
   

Aerospace Fasteners Industry News

• In February 2025, TriMas announced that the Allfast Fastening Systems, Monogram Aerospace Fasteners, and Mac Fasteners brands of TriMas Aerospace have won a multi-year global contract with Airbus, increasing the Company's current contract scope across all fastener business units and further strengthening TriMas Aerospace's position throughout the global Airbus supply chain. TriMas Aerospace will produce the fasteners at its Commerce and City of Industry, California facilities, as well as its Kansas, Ottawa manufacturing facility.            
   
• In May 2024, IperionX Limited and Vegas Fastener Manufacturing, LLC collaborated to manufacture titanium alloy fasteners and precision components with IperionX’s advanced titanium products. Additionally, the partners will design, engineer and produce titanium fasteners for critical sectors such as the aerospace, naval, oil & gas, power generation, pulp & paper and chemical sectors. 
   

The aerospace fasteners market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) and volume (Million Units) from 2021 to 2034, for the following segments:

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Market, By Product Type

• Rivets
• Screws
• Nuts & bolts
• Others

Market, By Material

• Aluminum
• Steel
• Superalloys
• Titanium

Market, By Platform

• Commercial aircraft
  • Narrow-body
  • Wide-body
  • Regional jets
• Military aircraft
• Business jets
• Helicopters
• Unmanned aerial vehicles (UAVs)  

Market, By Application

• Airframe
• Interiors
• Engine
• Control surfaces
• Landing gear
• Other 

Market, By End Use

• OEMs (Original Equipment Manufacturers)
• MRO (Maintenance, Repair, and Overhaul)

The above information is provided for the following regions and countries:

• North America 
  • U.S.
  • Canada
• Europe 
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific 
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Latin America 
  • Brazil
  • Mexico
  • Argentina
• Middle East and Africa 
  • Saudi Arabia
  • South Africa
  • UAE