Aerospace and Defense

Aerospace Fasteners Market

Global Industry Analysis and Forecast 2023-2030

Pages : 148

Base Year : 2022

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR153

Author : Saket A.

Base Year

2022

Forecast Year

2023-2030

Historical Years

2018-2021

Market Value (2022)

USD 6.90 Billion

Forecasted Value (2030)

USD 11.39 Billion

CAGR (2023 - 2030)

6.46%

Fastest Growing Region (2023 - 2030)

Asia-Pacific

Largest Region

North America

By Material

Aluminium, Alloy Steel, Titanium, Super alloys

By Product

Nuts & Bolts, Rivets, Screws, Others

By Application

Military Aviation, Commercial Aviation and Civil Aviation


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The global market is projected to reach USD 11.39 billion by 2030, growing at a CAGR of 6.46% from 2023 to 2030.
The global market was valued at USD 6.9 billion in 2022.
The major driving factor for the market growth is rise in air passenger traffic, which has resulted in the growing demand for commercial aircraft. As air travel continues to grow, the demand for aerospace fasteners is expected to increase as well. Furthermore, the increasing adoption of advanced materials in aircraft construction, such as composites and lightweight metals, is driving the development of new, high-performance fasteners that can withstand the rigors of modern aviation.
Top manufacturers of aerospace fasteners market are Aerospace Fasteners Incorporated, Würth Aerospace Solutions GmbH, Alcoa Corporation, Boeing, B&B Specialties, Inc., Howmet Aerospace, Bufab International AB, LISI AEROSPACE, Precision Castparts Corp., TFI Aerospace, and others.
Asia-Pacific is the fastest growing region in the forecasted period (2023-2030).
By material, aluminum will hold the maximum share in the aerospace fasteners market
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