How the Aerospace Fasteners Market is Powering the Next Generation of Aircraft 2024–20325
The aerospace fasteners market is positioned for steady, healthy growth over the coming decade, according to the MRFR report. The global market is projected to reach USD 7.74 billion by 2030, with a compound annual growth rate (CAGR) of about 7.07% over 2023–2030.
This anticipated growth is driven by increasing commercial air travel, rising aircraft deliveries, and enhanced defense expenditure across multiple regions. The market encompasses a wide array of fasteners — including nuts, bolts, rivets, screws and pins — used in aircraft airframes, fuselage assemblies, control surfaces, and interiors.
Within product segmentation, the rivets segment dominates, accounting for approximately 65-68% of market revenue. On the material side, the titanium category generated the greatest revenue share, attributed to its high strength-to-weight ratio, corrosion-resistance, and suitability for demanding aerospace applications.
Geographically, North America leads in terms of presence due to mature aerospace manufacturing infrastructure, while the Asia-Pacific region is emerging strongly…


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