Global Aerospace Fasteners Market Assessment, By Product Type [Rivets, Screws, Nuts and Bolts], By Application [Commercial Aircraft, Military Aircraft, Others], By Material [Titanium, Aluminum, Steel and Superalloys, Others], By Region, Opportunities and Forecast, 2018-2032F

Global Aerospace Fasteners Market is projected to witness a CAGR of 6.78% during the forecast period 2025-2032, growing from USD 6.82 billion in 2024 to USD 11.53 billion in 2032. The aerospace fasteners market is growing steadily, driven by factors such as the demand for commercial and military aircraft, along with advanced fastening systems, and the increasing availability of lightweight materials. North America is the largest market due to the heavyweight aerospace industry, and Asia-Pacific is the fastest growing, particularly with expanding aviation sectors in developing countries including China and India. The marked growth in the market is also driven owing to an increase in maintenance, repairs and overhaul (MRO) activities.

Report Attribute	Details
Base Year	2024
Forecast Period	2025-2032F
Historical Period	2018-2023
Projected Growth Rate	CAGR of 6.78% between 2024 and 2032
Revenue Forecast in 2032	USD 11.53 billion

The market has also seen lots of investment in research and development, also aiding growth opportunities for the sector. The overall outlook of the market is positive, with continued demand for narrow-body aircraft. Further technological developments, the influence of advanced fastening technologies, and a focus on sustainable aviation management will aid the growth of the aerospace fastener market and shape demand for upcoming trends in the aviation sector.

For instance, in February 2025, GEMCOR, Inc. merged with Ascent Aerospace LLC to develop state-of-the-art automated fastening solutions for high-precision aerospace manufacturing. Their efforts to incorporate machine learning, digital twin technology, and cycle time optimization into automated fastening solutions drive efficiency and quality to meet the ever-changing demands of the global aerospace fasteners market.

Technological Innovation in the Aerospace Industry Drives Market Growth Demand

The aerospace fasteners market is also experiencing significant growth due to the rapid growth and technological improvement in the aerospace sector. The significant rise in demand from aircraft manufacturers for lighter, stronger, more efficient designs, resulting in different market growth opportunities for aerospace fasteners market players who further making investments to address the various specifications and demand. Also, enhancement in fastener strength, reliability, and performance, and reducing the overall weight of aircraft and improving fuel consumption, drives market demand. Smart fasteners with sensors have also been introduced, allowing for advanced monitoring of structural integrity while improving efficiency for maintenance needs. It is projected that the growth trend, such as rising production for commercial and military aircraft in the industry, will remain steady over the next few years, which will further continue to use fasteners as an essential element of safety, reliability and performance in modern aircraft.

For instance, in April 2025, NAFCO Group is investing more than USD 40 million in a new aerospace manufacturing facility in Seremban, Malaysia. This advanced facility serves to enhance smart manufacturing, grow the global supply of aerospace fasteners, and support Malaysia's aspirations as a premier high-tech aerospace manufacturing location.

Increasing Aircraft Production Fuels Aerospace Fasteners Market Growth

The market for aerospace fasteners is growing quickly, with higher demands for air carriers to manufacture more aircraft globally to meet the demand for air travel, specifically regarding commercial and military aerospace products. In Aerospace applications, high-performance fasteners are a critical part to ensure aircraft safety and performance. With the emergence of lightweight materials, including titanium and advanced alloys, craftsmanship on fasteners is yet again experiencing innovation. Advanced fastening systems have been introduced to offer efficiency improvements and reduced costs associated with product assembly and maintenance. Innovation in aircraft components and assemblies is often driven by manufacturing advancements, and automation and precision engineering are two areas in which advances are improving the reliability and durability of aerospace fasteners. Increased investment in research and development activities is observed and is yielding new fastening solutions that meet the aerospace sector's strict safety and engineering requirements. Overall, the market for aerospace fasteners will continue to expand and grow from innovations in fastening solutions and an increase in aircraft production.

For instance, in January 2024, MEIDOH Co., Ltd, a leading automotive fastener supplier, acquired Pilgrim Screw Corporation and its aerospace expertise, along with the organization’s facility in Chandler, AZ. This acquisition diversifies the MEIDOH portfolio, supports global growth and increased revenue, and enhances production capabilities in aerospace fasteners, a rapidly developing market.

Rivet Fastener Dominates the Aerospace Fasteners Market Share

The aerospace industry has evolved by adopting advanced rivet technologies to accommodate lightweight structural materials, such as titanium and high-strength alloys, enhancing fuel efficiency and reducing aircraft weight while maintaining the required strength for these critical applications. Automated riveting systems also contribute to increased production efficiency by providing more precision and consistency during aircraft manufacturing. Rivet fasteners are found throughout aircraft, specifically in panels, wings, and structural assemblies, driving the rivet fasteners market demand. Additionally, the need for riveting fasteners will not decrease either, as aircraft are being produced increasingly because of the high demand for air travel, increased defense needs, and the need to manufacture aircraft because of the changing global environment. Overall, rivet fasteners also represent the strongest presence in the aerospace fasteners market, providing reliability, strength, and durability such as no other fastener. New materials and automated technologies further increase the growth and use of rivet fasteners in aerospace manufacturing.

For instance, in January 2024, Sherex Fastening Solutions, a worldwide leader in blind rivet nuts and fastening systems, announced an acquisition by Penn Engineering & Manufacturing Corporation to enhance Penn Engineering’s product lines and technical reach. Also, Penn Engineering is the leading manufacturer and supplier of rivet nuts in the global aerospace, automotive, and industrial markets.

North America Dominates the Aerospace Fasteners Market

North America leads the aerospace fasteners market because of its high-quality manufacturing, demand from aircraft manufacturers and an ongoing aerospace industry. North America has the most aerospace companies with considerable R&D investments and operates by stringent quality policies to provide high-performance fasteners in the commercial, military, and space industries. Fasteners in aerospace continue to see efficiency gains from new technology, automation, and high precision engineering, leading to cost reduction and reliability improvements. Fastener companies collaborate with aerospace OEMs on technical innovations that follow ever-changing industry standards. The movement towards sustainable aviation is also impacting fasteners, emphasizing resistance to corrosion and longevity to decrease replacement intervals. Altogether, the aerospace fasteners market drivers include innovation, increasing production rates of aircraft, and the need for high-strength and lightweight solutions. The aerospace fasteners market in North America will continue its trend of meeting global aerospace demands with a strong industrial base and continual development.

For instance, in March 2025, General Electric Company announced USD 100 million investment in North Carolina to expand advanced engine component production, aiding the aerospace fasteners sector by improving supply chain reliability and innovation for critical fastening solutions used in jet engines and aircraft manufacturing.

Download Free Sample Report

Impact of U.S. Tariffs on Global Aerospace Fasteners Market

• Tariffs placed on imported aerospace fasteners increase production costs for manufacturers and their suppliers.
• The restrictions on key materials such as titanium and aluminum create delays and sourcing problems.
• Companies look for replacement suppliers or relocate production altogether to lessen the impact of tariffs.
• Higher costs and restrictions on trade caused by tariffs result in conservative spending for the next generation of aerospace fasteners.

Report Scope

“Global Aerospace Fasteners Market Assessment, Opportunities and Forecast, 2018-2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global aerospace fasteners market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecasts between 2025 and 2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

Report Attribute	Details
Segments Covered	Product Type, Application, Material
Regions Covered	North America, Europe, South America, Asia-Pacific, Middle East and Africa
Key Companies Profiled	B&B Specialties Inc., Howmet Aerospace Inc., LISI GROUP, M S Aerospace Inc., National Aerospace Fasteners Corporation, Stanley Black & Decker, Inc., TFI Aerospace Corporation, Precision Castparts Corp., TriMas Corporation, KLX Aerospace Solutions (The Boeing Company)
Customization Scope	15% free report customization with purchase
Pricing and Purchase Options	Avail the customized purchase options to fulfill your precise research needs
Delivery Format	PDF and Excel through email (subject to the license purchased)

In the report, the global aerospace fasteners market has been segmented into the following categories: 

• By Product Type
  • Rivets
  • Screws
  • Nuts and Bolts
• By Application
  • Commercial Aircraft
  • Military Aircraft
  • Others
• By Material
  • Titanium
  • Aluminum
  • Steel and Superalloys
  • Others
• By Region
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Key Players Landscape and Outlook

The aerospace fasteners market is on the cusp of moderate growth with escalating aircraft manufacturing, advances in technology, and growing demand for lightweight materials. The sector is observing a tilt toward high-performance fastening systems that improve fuel efficiency and structural strength.  Industry players are turning their attention toward innovation, as advancements in 3D printing and automation enhance accuracy, along with lowering the cost of manufacture. The use of titanium and aluminum fasteners is also becoming more popular owing to durability and corrosion resistance. Despite supply chain issues and fluctuating raw material prices, the prospects in the market stand solid, considering ongoing research in fastening technologies. Also, industry commitments toward safety, efficiency, and sustainability are shaping a competitive scenario with promises to ensure market growth in the long term.

For instance, in February 2025, TriMas Corporation secured a multi-year global contract with Airbus SE, supplying advanced fasteners, including blind bolts, rivets, and collars for multiple aircraft platforms. This partnership strengthens TriMas’ position in the aerospace fasteners market and supports Airbus’ evolving production needs

Key Players Operating in the Global Aerospace Fasteners Market are:

• B&B Specialties Inc.
• Howmet Aerospace Inc.
• LISI GROUP
• M S Aerospace Inc.
• National Aerospace Fasteners Corporation
• Stanley Black & Decker, Inc.
• TFI Aerospace Corporation
• Precision Castparts Corp.
• TriMas Corporation
• KLX Aerospace Solutions (The Boeing Company)

If you can't find what you're searching for or have any custom requirements for global aerospace fasteners market, you may approach our team at info@marketsandata.com.