Global Aerospace Fasteners Market Overview And Prospects
Learn about the global aerospace fasteners market through The Business Research Company, which provides information on aerospace fasteners market size, aerospace fasteners market drivers and restraints, aerospace fasteners market players, the COVID-19 impact on the aerospace fasteners market, and more.
The global aerospace fasteners market size is expected to grow from $6.02 billion in 2021 to $6.52 billion in 2022 at a compound annual growth rate (CAGR) of 8.46%. The global aerospace fastener market size is expected to grow to $9.03 billion in 2026 at a CAGR of 8.47%.
Increased demand for air travel pushed manufacturing of aircrafts, driving the aerospace fasteners market.
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The aerospace fasteners market consists of sales of aerospace fasteners by entities (organizations, sole traders, and partnerships) that deal with raw materials such as screws, rivets, nuts, bolts and pins, which mechanically fix or join two or more components of an aircraft together. They are durable and secure and aid in enhancing the aircraft’s efficiency while reducing its overall weight. They are commonly manufactured using aluminum, titanium and steel, owing to the high tensile/shear strength and corrosion resistance of these metals.
Global Aerospace Fasteners Market Segments Include:
By Product: Screws, Nuts and Bolts, Washers, Rivets
By Platform: Fixed Wing Aircraft, Rotary Wing Aircraft
By Material: Aluminium, Titanium, Alloy Steel
By End-Use: Commercial, Defence
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the aerospace fasteners market in 2021.
The increasing use of super alloys is a key trend gaining popularity in the aerospace fasteners market. Super alloys have high mechanical strength, resistance to thermal creep deformation, good surface stability, and resistance to corrosion or oxidation.
TBRC’s aerospace fasteners market report covers:
Major Market Players: NAFCO, LISI Aerospace, MS Aerospace, Trimas, PCC, National Aerospace Fasteners Corporation, TFI Aerospace Corporation, TPS Aviation Inc, Stanley Black & Decker Inc. (United States), Alcoa, 3V Fasteners Company Inc, B&B Specialities Inc, Stanley Black & Deck Inc, Wurth Group (Germany), Howmet Aerospace Inc. (United States), Arconic Inc., and Boeing Distribution Services Ins. (United States).
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Aerospace Fasteners Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides aerospace fasteners market overviews, analyzes and forecasts market size, share, aerospace fasteners market players, aerospace fasteners market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s aerospace fasteners market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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