Aircraft Fasteners Market Analysis | 2025-2032

Aircraft Fasteners Market Analysis | 2025-2032

Aircraft Fasteners Market Analysis | 2025-2032
Report code - SR2695 Published On : May,2025 No. of Pages: 200
Aircraft Fasteners Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: See more...

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Aircraft Fasteners Market 

  • The annual demand for aircraft fasteners was USD 8.1 billion in 2024 and is expected to reach USD 8.5 billion in 2025, up 4.2% than the value in 2024.
  • During the forecast period (2025-2032), the aircraft fasteners market is expected to grow at a CAGR of 2.8%. The annual demand will reach USD 10.2 billion in 2032.
  • During 2025-2032, the aircraft fasteners industry is expected to generate a cumulative sales opportunity of USD 76.7 billion, which is almost 2 times the opportunities during 2019-2024.

Aircraft-Fasteners-Market-Insights

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High-Growth Market Segments: 

  • North America is expected to remain dominant over the next few years, whereas Asia-Pacific is likely to grow fastest.
  • By aircraft type, Commercial aircraft are anticipated to remain the biggest demand generator for fasteners in the future.
  • By product type, Nuts are expected to remain the dominant product in the market during the forecast period, whereas rivets are likely to experience the fastest growth during the same period.
  • By fastener type, Non-specialty fasteners are likely to remain the dominant fasteners in the market, whereas specialty fasteners are likely to grow at a faster rate.
  • By application type, Airframe is anticipated to remain the dominant application area and is expected to experience the fastest growth during the forecast period.
  • By material type, Titanium is anticipated to remain the most preferred and fastest-growing material in the years to come.
  • By end-user type, OE remains the dominant and fastest-growing end-user type over the next few years.

 

Market Statistics 

Have a look at the sales opportunities presented by the aircraft fasteners market in terms of growth and market forecast.

Aircraft Fasteners Market Data & Statistics

 

Market Statistics

Value (in USD Billion)

Market Growth (%)

Annual Market Size in 2023

USD 6.9 billion

-

Annual Market Size in 2024

USD 8.1 billion

YoY Growth in 2024: 17.7%

Annual Market Size in 2025

USD 8.5 billion

YoY Growth in 2025: 4.2%

Annual Market Size in 2032

USD 10.2 billion

CAGR 2025-2032: 2.8%

Cumulative Sales Opportunity during 2025-2032

USD 76.7 billion

  •  

Top 10 Countries’ Market Share in 2024

USD 6.5 billion +

> 80%

Top 10 Company’s Market Share in 2024

USD 4.0 billion to USD 5.6 billion

 50% - 70%

Market Dynamics

Introduction:

What are aircraft fasteners?

Aircraft fasteners are critical components used to join or secure various parts and structures of an aircraft, playing a vital role in ensuring the aircraft's structural integrity and safety. These fasteners are specifically engineered to withstand the extreme forces, vibrations, and stresses experienced during flight. Their primary function is to securely hold together essential components such as panels, wings, landing gear, engine parts, and other vital systems. An aircraft employs a wide range of fasteners, each with distinct properties and design features tailored for specific applications, ensuring optimal performance and reliability.

Segments' Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Aircraft-Type Analysis

Commercial Aircraft, Regional Aircraft, Helicopters, Military Aircraft, and General Aviation

Commercial aircraft are anticipated to remain the biggest demand generator for fasteners in the future.

Product-Type Analysis

Bolts, Rivets, Nuts, Screws, Pin Fastening Systems, and Other Products

Nuts are expected to remain the dominant product in the market during the forecast period, whereas rivets are likely to experience the fastest growth during the same period.

Fastener-Type Analysis

Specialty Fasteners and Non-Specialty Fasteners

Non-specialty fasteners are likely to remain the dominant fasteners in the market, whereas specialty fasteners are likely to grow at a faster rate.

Application-Type Analysis

Airframe, Flight Control Surfaces, Interior, Engine, and Other Applications

Airframe is anticipated to remain the dominant application area and is expected to experience the fastest growth during the forecast period.

Material-Type Analysis

Titanium, Steel, and Other Materials

Titanium is anticipated to remain the most preferred and fastest-growing material in the years to come.

End-User-Type Analysis

OE and Aftermarket

OE remains the dominant and faster-growing end-user type over the next few years.

Regional Analysis

North America, Europe, Asia-Pacific, and The Rest of the World

North America is expected to remain dominant over the next few years, whereas Asia-Pacific is likely to grow fastest.

By Aircraft Type

“Commercial aircraft are expected to remain the largest demand generator for fasteners in the coming years.”

  • The aircraft fasteners market is segmented into commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation. Commercial aircraft is anticipated to dominate, mainly due to high passenger demand and frequent maintenance needs.
  • Larger fleet sizes and higher usage frequency in commercial aviation, compared to military or general aviation, also contribute significantly to its dominance in the market. Key drivers of this growth include increased production rates of major aircraft programs, the launch of fuel-efficient commercial models, the introduction of new programs such as the C919, B777x, and MC-21, and the expanding global aircraft fleet.
  • Military aircraft is the second-leading category of the market, as the demand for advanced fighter jets has increased significantly in recent years. The rising geopolitical tensions and security challenges have pushed many countries to upgrade their air forces, leading to heavy investments in the development and procurement of advanced fighter jets.

 

By Product Type

“Nuts are projected to maintain their position as the leading product of the market throughout the forecast period, while rivets are anticipated to grow at the fastest rate during this time.”

  • The market is segmented into bolts, rivets, nuts, screws, pin fastening systems, and other product types. Nuts are projected to remain the dominant product, primarily due to their extensive use in aircraft assembly, where they are paired with bolts or screws to secure structural components. Their versatility and ease of use, along with the fact that they can be easily removed and reused, make them an essential fastening solution, especially in situations where regular maintenance or part replacements are necessary.
  • Also, the availability of different types of aerospace-grade nuts, like self-locking nuts, wrenchable nuts, flange nuts, etc., ensures compatibility with various applications and materials, contributing to their continued dominance.
  • In contrast, rivets are expected to witness the fastest growth over the next eight years, driven by their benefits, including high strength, durability, resistance to vibration, quick installation, reliability, and ease of inspection and maintenance.

 

By Fastener Type

“Non-specialty fasteners are expected to continue dominating the market, while specialty fasteners are anticipated to grow at a faster pace.”

  • The market is segmented into specialty fasteners and non-specialty fasteners. Non-specialty fasteners are projected to remain the dominant fastener type in the market during the forecast period due to their cost-effectiveness compared to specialized options.
  • Non-specialty fasteners include common fasteners like nuts, bolts, and screws, which are widely used across various aircraft systems for their reliability, availability, and ease of installation. Their simplicity and lower cost make non-specialty fasteners a preferred choice for high-volume assembly tasks where advanced or customized solutions are not necessary.
  • However, specialty fasteners are anticipated to witness the fastest growth during this period, driven by advantages such as quicker assembly and suitability for surfaces that cannot accommodate holes. These benefits are prompting airframers, notably Airbus, to transition from traditional fasteners to specialty options, particularly blind fasteners.

 

By Application Type

“The airframe is projected to remain the largest application area and is also expected to record the fastest growth during the forecast period.”

  • The market is segmented into the airframe, flight control surfaces, interior, engine, and other application types. The airframe is the central framework and the largest structure in an aircraft, consisting of the fuselage, wings, empennage (tail section), and landing gear, most of which are secured with fasteners. The massive number of fasteners needed for the airframe, along with their crucial role in maintaining the aircraft's safety and performance, creates a steady and high demand in this category.
  • Aircraft airframes go through regular inspections and maintenance routines and experience wear and tear from flight stress, environmental factors, and material fatigue. These challenges often require fasteners to be replaced or reinforced to ensure the aircraft remains airworthy.

 

By Material Type

“Titanium is expected to remain the most preferred material and the fastest-growing material type in the coming years.”

  • The market is segmented into titanium, steel, and other materials. The ongoing replacement of steel and other heavy metal-based fasteners with titanium fasteners is driven by their lightweight nature, excellent strength-to-weight ratio, and corrosion resistance. These properties are particularly important in aircraft, where weight reduction enhances fuel efficiency and payload capacity.
  • There is good compatibility between titanium and composite structures, creating a shift in industry players to switch towards titanium fasteners despite their high cost.
  • A350, B787, and military aircraft programs, such as F-22, F/A-18, F-35, and the UH-60 Black Hawk helicopter, are among some of the key aircraft programs that have incorporated large quantities of titanium components, including fasteners.

 

Regional Analysis

“North America is projected to remain the leading market in the coming years, while the Asia-Pacific region is expected to experience the fastest growth.”

  • North America is expected to remain the largest market for aircraft fasteners during the forecast period. As the region's primary growth driver, the USA boasts the world’s largest fleet of military aircraft and one of the largest commercial fleets. Key OEMs in the USA, including Boeing, Lockheed Martin, Bell Helicopter, Gulfstream Aerospace Corporation, and Cessna Aircraft Company, contribute significantly to the demand for fasteners.
  • Meanwhile, the Asia-Pacific region is expected to experience the highest growth during the same period. China and India are the main drivers of this growth, fueled by increasing demand for commercial aircraft to meet rising passenger traffic, the establishment of assembly plants for Boeing and Airbus in China, and the commercial launch of the indigenous COMAC C919 commercial aircraft.

Aircraft-Fasteners-Market-Regional-Analysis

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Competitive Landscape

The market is moderately concentrated, with some local, regional, and global players. Most of the major players compete on some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the aircraft fasteners market.

  • Howmet Aerospace
  • Precision Castparts Corp.
  • LISI Aerospace
  • Stanley Black & Decker Inc.
  • TriMas Corporation
  • National Aerospace Fasteners Corporation
  • Avantus Aerospace

Note: The above list does not necessarily include all the top players in the market.

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Recent Market JVs and Acquisitions:

A huge number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years.

  • In June 2022, Bollhoff Group acquired Gillis Aerospace, a French fastener manufacturer, to strengthen its position in the aerospace industry.
  • In June 2021, Bollhoff Group acquired SNEP SA, a France-based aerospace fastener manufacturer, to enhance its position in technical fasteners.
  • In December 2021, TriMas Corporation acquired TFI Aerospace, a manufacturer of fasteners used in various aerospace and industrial applications. This acquisition expanded TriMas Aerospace’s fastener product lines with complementary niche products.
  • In January 2020, Consolidated Aerospace Manufacturing, LLC (CAM) agreed to be acquired by Stanley Black & Decker, Inc. This acquisition further diversified Stanley Black & Decker’s industrial business segment.
  • In 2020, Avantus Aerospace acquired both FIT and CalScrew, both renowned manufacturers of high-strength and unique fasteners for military and commercial Aerospace applications. These acquisitions complemented Avantus' existing FTC company, and together, the three entities were integrated to form the Avantus Fasteners Division.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
  • COVID-19 impact and its recovery curve.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

Market Study Period

2019-2032

Base Year

2024

Forecast Period

2025-2032

Trend Period

2019-2023

Number of Tables & Figures

>100

Number of Segments Analysed

7 (Aircraft Type, Product Type, Fastener Type, Application Type, Material Type, End-User Type, and Region)

Number of Regions Analysed

4 (North America, Europe, Asia-Pacific, Rest of the World)

Countries Analysed

15 (The USA, Canada, Mexico, Germany, France, Italy, The UK, China, Japan, India, Brazil, Saudi Arabia, Rest of Europe, Rest of APAC, and Rest of the World)

Free Customization Offered

10%

After Sales Support

Unlimited

Report Presentation

Complimentary

Market Dataset

Complimentary

Further Deep Dive & Consulting Services

10% Discount

 

Market Segmentation 

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The aircraft fasteners market is segmented into the following categories:

Aircraft Fasteners Market, by Aircraft Type

  • Commercial Aircraft
  • Regional Aircraft
  • Helicopter
  • Military Aircraft
  • General Aviation

Aircraft Fasteners Market, by Product Type

  • Bolts
  • Rivets
  • Nuts
  • Screws
  • Pin Fastening Systems
  • Other Product Types

Aircraft Fasteners Market, by Fastener Type

  • Specialty Fasteners
  • Non-Specialty Fasteners

Aircraft Fasteners Market, by Application Type

  • Airframe
  • Flight Control Surfaces
  • Interiors
  • Other Applications

Aircraft Fasteners Market, by Material Type

  • Titanium Fasteners
  • Steel Fasteners
  • Other Materials

Aircraft Fasteners Market, by End-User Type

  • OE
  • Aftermarket

Aircraft Fasteners Market, by Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of the Asia-Pacific)
  • Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

Research Methodology

  • This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aircraft fasteners market realities and future market possibilities for the forecast period. 
  • The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
  • The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
  • This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
  • More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
  • We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across industries. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

 

Frequently Asked Questions (FAQ)

The aircraft fasteners market is estimated to grow at a CAGR of 2.8% by 2032, driven by the development of lightweight and corrosion-resistant fasteners, an increase in air passenger traffic supporting the rise in aircraft production, the market entry of new players such as COMAC and Irkut, and an increasing aircraft fleet size.

Howmet Aerospace, Precision Castparts Corp., LISI Aerospace, Stanley Black & Decker Inc., TriMas Corporation, Avantus Aerospace, and National Aerospace Fasteners Corporation are the leading players in the market.

North America is estimated to remain dominant in the market in the foreseeable future due to the presence of a large number of raw material suppliers, tier players, OEMs, and fastener manufacturers, making the region a hub of the aircraft industry.

Asia-Pacific is estimated to remain the fastest-growing market for aircraft fasteners in the foreseeable future. Rapid infrastructure development in the Asia-Pacific has resulted in increased air travel and the expansion of airport facilities. This, in turn, drives the demand for new aircraft and maintenance activities, including the installation and replacement of fasteners.

Titanium is likely to remain the most dominant material type in the market over the next few years. It offers a significant weight-saving advantage and excellent corrosion resistance compared to other competing materials.