Aerospace Fasteners Market Segmented By Application (Commercial Aircraft, Military Aircraft, and General Aviation), By Material Type (Aluminum, Steel, Superalloys, and Titanium), By Regional, By Competition Forecast & Opportunities, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 8.73 Billion
CAGR (2026-2031)	7.42%
Fastest Growing Segment	Aluminum
Largest Market	North America
Market Size (2031)	USD 13.41 Billion

Market Overview

The Global Aerospace Fasteners Market will grow from USD 8.73 Billion in 2025 to USD 13.41 Billion by 2031 at a 7.42% CAGR. Aerospace fasteners are high-precision components, including bolts, rivets, and screws, designed to mechanically join aerostructures while withstanding extreme environmental stress. The market is primarily supported by the escalation in aircraft production rates and the necessity for operators to modernize fleets with fuel-efficient models. This manufacturing surge is substantiated by recent industry performance data. According to the General Aviation Manufacturers Association, in 2024, the value of airplane deliveries reached $26.4 billion, representing a 14.3% increase compared to the previous year.

However, the industry faces a significant impediment regarding supply chain volatility. Manufacturers grapple with persistent shortages of raw materials and extended lead times, which create production bottlenecks and delay critical aircraft deliveries. These logistical constraints increase operational costs and complicate inventory management for suppliers. Consequently, resolving these supply chain inefficiencies remains the most substantial challenge for stakeholders aiming to sustain expansion in the global aerospace fasteners market.

Key Market Drivers

The expansion of global commercial aircraft fleets serves as the primary catalyst for the aerospace fasteners market, driving immense demand for high-volume components required in airframe assembly. As original equipment manufacturers (OEMs) ramp up production rates to meet post-pandemic travel resurgence, the procurement of rivets, bolts, and screws has intensified to support assembly lines. This production momentum is evidenced by recent manufacturing outputs which directly correlate to fastener consumption. According to Airbus, January 2025, in the 'Airbus reports 766 commercial aircraft deliveries in 2024' press release, the manufacturer delivered a total of 766 commercial aircraft to 86 customers throughout 2024, underscoring the substantial hardware requirements inherent in large-scale fleet expansion efforts.

Concurrently, rising defense budgets and military modernization programs are significantly influencing market dynamics by necessitating specialized, high-strength fasteners for next-generation combat platforms. Defense contractors require advanced alloy fasteners capable of withstanding the extreme thermal and mechanical loads of modern warfare environments, creating a lucrative niche for high-performance product lines. A tangible instance of this modernization trend occurred recently; according to Airbus, November 2025, in the 'Airbus delivers first A400M to Indonesia' release, the company handed over the first A400M airlifter to the Indonesian Air Force, marking a key step in regional fleet upgrades that necessitates complex supply chains. Furthermore, long-term market confidence is bolstered by strong regional growth projections. According to Boeing, in February 2025, the commercial airplane fleet in India and South Asia is forecast to quadruple by 2043, ensuring a sustained trajectory of demand for aerospace fastening solutions across both civil and defense sectors.

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Key Market Challenges

Supply chain volatility constitutes a critical barrier to the expansion of the global aerospace fasteners market, directly undermining manufacturers' ability to capitalize on rising aircraft orders. This challenge manifests through persistent shortages of raw materials and unpredictable lead times, which disrupt the synchronized production schedules required for aerostructure assembly. When fastener suppliers encounter these delays, they face increased operational costs and logistical complexities, often necessitating expensive inventory buffers to mitigate future shortages. Such inefficiencies prevent the market from reaching its full potential, as the impeded delivery of essential joining components forces airframe manufacturers to slow their own output to match supply availability.

The magnitude of this disruption is quantified by recent industry figures highlighting the severity of production lags. According to the International Air Transport Association (IATA), in 2024, the cumulative backlog of unfulfilled commercial aircraft orders reached a record 17,000 units. This accumulation underscores how supply chain bottlenecks are stalling the final delivery of aircraft. As fasteners are indispensable for every stage of assembly, these systemic delays restrict the market’s revenue realization and hamper the industry's ability to meet the existing demand for fleet modernization.

Key Market Trends

The Development of Specialized Fasteners for eVTOL and Urban Air Mobility Platforms is establishing a distinct high-value niche within the broader aerospace sector. Unlike traditional jetliners, these electric vertical take-off and landing aircraft require ultra-lightweight, high-reliability joining solutions capable of securing novel composite structures and battery systems under unique vibration profiles. This sub-segment is rapidly transitioning from prototyping to mass production, which necessitates the establishment of specialized component supply chains to support assembly lines. A clear indicator of this industrial scaling occurred recently; according to Archer Aviation, December 2024, in the 'Archer Completes Construction Of Georgia Production Facility' announcement, the manufacturer finalized its high-volume plant infrastructure and established a target to reach a production rate of two aircraft per month by the end of 2025, signaling an imminent surge in component orders for this vertical.

Simultaneously, the industry is accelerating the Transition to Titanium and Nickel-Based Superalloys for Weight Reduction to optimize the performance of next-generation airframes. As manufacturers increasingly rely on carbon-fiber reinforced polymers to improve fuel efficiency, they must utilize compatible titanium fasteners to prevent galvanic corrosion and ensure structural integrity under extreme thermal loads. This material shift is directly reflected in the financial performance of major component suppliers who are capitalizing on the mix-shift towards complex alloy systems. According to Howmet Aerospace, February 2025, in the 'Fourth Quarter and Full Year 2024 Results' report, revenue for the Fastening Systems segment increased 17% year-over-year to $1.6 billion in 2024, a growth trajectory explicitly driven by the recovery in wide-body aircraft production which extensively utilizes these advanced metallic solutions.

Segmental Insights

The Aluminum segment represents the fastest-growing category in the Global Aerospace Fasteners Market, driven by the industry's critical focus on weight reduction and fuel efficiency. These fasteners provide a favorable strength-to-weight ratio and high corrosion resistance, ensuring structural durability in diverse atmospheric conditions. Furthermore, aluminum remains a cost-effective alternative to titanium and superalloys, prompting extensive usage across commercial and military aircraft manufacturing. This robust demand is supported by the continuous expansion of global fleets, where the requirement for lightweight, economical, and reliable fastening solutions is accelerating market expansion.

Regional Insights

North America maintains a dominant position in the global aerospace fasteners market, primarily driven by the strong presence of key original equipment manufacturers and extensive defense spending. The region experiences consistent demand from the commercial aviation sector for fleet expansion and maintenance. Additionally, strict airworthiness directives and safety standards enforced by the Federal Aviation Administration necessitate the usage of certified, durable fasteners to ensure structural reliability. This well-established manufacturing ecosystem and regulatory framework support the continuous production and procurement of aerospace components within the region.

Recent Developments

• In February 2025, a designer and manufacturer of highly engineered fasteners was awarded a multi-year global contract by a major European aircraft manufacturer. TriMas Aerospace secured the agreement to supply high-performance fastening solutions, expanding the existing scope of its business units to include brands for blind bolts, solid rivets, and temporary fasteners. This contract incorporated next-generation fastening solutions and newly qualified products specifically designed to optimize robotic assembly processes for aerostructures. The collaboration reinforced the company's position in the global supply chain and highlighted its ongoing investment in advanced manufacturing technologies for civil and military aerospace platforms.
• In October 2024, a global provider of highly engineered products, including aerospace fasteners and components, entered into a definitive agreement to be acquired by funds managed by a leading alternative asset manager. Barnes Group Inc. announced the all-cash transaction, which valued the enterprise at approximately $3.6 billion, effectively transitioning the organization into a private entity. This strategic move was intended to provide the company with greater flexibility to execute its transformation plans and invest in long-term growth initiatives. The acquisition marked a significant development for the manufacturer, which operates a substantial aerospace division serving both commercial and military markets.
• In October 2024, a leader in innovative aerospace assembly solutions announced a strategic partnership with a provider of industrial extended reality (XR) platform technology. Click Bond joined the partner program to leverage digital-twin-centric approaches and dynamic procedure structures, aiming to transform aerospace manufacturing and maintenance processes. The collaboration focused on facilitating rapid workforce upskilling and ensuring confident technical task execution. This initiative integrated advanced digital solutions with the company’s adhesive-bonded assembly technology to address the needs of the scaling global market and the emerging Advanced Air Mobility sector, thereby improving quality and safety in aircraft assembly.
• In September 2024, a global manufacturer of high-tech metal structural components and fasteners appointed a strategic partner to advance its transition toward Net Zero operations at its facility in the United Kingdom. LISI Aerospace collaborated with an energy management firm to deploy a proprietary smart metering and analytics platform. This initiative was designed to measure and manage energy usage at a granular level, identifying opportunities for maintenance improvements and energy efficiency. The partnership aimed to develop a tailored decarbonization pathway, supporting the company's commitment to reducing emissions while maintaining its position as a key supplier in the aerospace value chain.

Key Market Players

• Alcoa Corporation
• LISI Aerospace
• Arconic Inc.
• Precision Castparts Corp.
• Senior Aerospace BWT GmbH
• Bollhoff Group
• Stanley Engineered Fastening
• TriMas Corporation
• Haakon Industries, Inc.
• Roster Aerospace Pvt. Ltd.

By Application	By Material Type	By Region
Commercial Aircraft Military Aircraft General Aviation	Aluminum Steel Superalloys Titanium	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Aerospace Fasteners Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Aerospace Fasteners Market, By Application:

• Commercial Aircraft
• Military Aircraft
• General Aviation

• Aerospace Fasteners Market, By Material Type:

• Aluminum
• Steel
• Superalloys
• Titanium

• Aerospace Fasteners Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE