MarketHub · Aerospace & Defense · Global

Aerospace Fastener Market Size, Share and Outlook - Growth Analysis Report and Forecast Trends 2026-2030

The global aerospace fastener market reached approximately $7.58 billion in 2025 and is estimated at $8.164 billion in 2026, growing at a compound annual growth rate of 7.7% to reach $15.85 billion by 2031. This expansion is driven by rising commercial aircraft production, aging fleet maintenance needs, and the increasing use of advanced materials like titanium and superalloys in modern aircraft design. Fasteners remain a foundational element of the aerospace supply chain, with demand closely tied to production rates and maintenance cycles.

Market size · 2026
$8.2 billion
CAGR · 2026–2031
7.7%
Forecast · 2031
$11.8 billion
Basis
Claight Analysis
Market size (USD)
Base year 2026
Official data · Claight AnalysisForecast
Market size and forecast are Claight Analysis, informed by public research.
Forecast
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2026 base: $8.2bn2031 est: $11.8bn
Read the full Aerospace Fastener Market report →

Market Overview

The global aerospace fastener market encompasses a wide range of hardware used in the assembly of commercial, military, and general aviation aircraft, as well as spacecraft. Valued at approximately $7.58 billion in 2025, the market is estimated at $8.164 billion in 2026 and is projected to grow at a compound annual growth rate of 7.7%, reaching $15.85 billion by 2031. Fasteners represent a foundational segment of the aerospace supply chain, with demand closely tied to aircraft production rates and maintenance cycles.

Growth Drivers

The market is primarily fueled by surging commercial aircraft demand as airlines expand fleets to meet growing passenger traffic, particularly in emerging economies. Defense spending increases and the need for next-generation military platforms also contribute to demand. Additionally, the global commercial aviation fleet is aging, requiring ongoing maintenance and replacement fasteners, while new aircraft programs incorporating lightweight materials drive demand for advanced fastener solutions.

Want a deeper cut on Aerospace Fastener Market? We build bespoke studies on request.
Connect to an analyst →

Segmentation and Regional Analysis

The market segments by product type, bolts, screws, nuts, pins, and fittings, with threaded fasteners comprising the largest share. Material-wise, the market includes titanium, aluminum, steel, and high-temperature superalloy fasteners, each chosen for specific load-bearing and environmental requirements. Geographically, North America and Europe currently dominate due to established OEM and tier-one supplier ecosystems, while Asia-Pacific is emerging as the fastest-growing region driven by aircraft production expansion in China and India.

Trends and Outlook

What are the recent trends and outlook?

The industry is moving toward additive manufacturing and Industry 4.0 digitalization to produce complex fastener geometries and optimize inventory management. Sustainability pressures are encouraging lightweight material adoption and recyclable fastener designs to reduce aircraft fuel consumption. Looking ahead, the market is expected to maintain robust growth through 2031, supported by record aircraft order books and the ongoing transition to more fuel-efficient aircraft platforms requiring advanced fastening technologies.

Key Companies and Developments

Named companies and quantified developments shaping the Aerospace Fastener Market market.

  • Precision Castparts Corp - The top three manufacturers Precision Castparts Corp, Howmet Aerospace, and LISI Aerospace collectively hold a significant share of about 76%.
  • Howmet Aerospace - The top three manufacturers Precision Castparts Corp, Howmet Aerospace, and LISI Aerospace collectively hold a significant share of about 76%.
  • LISI Aerospace - The top three manufacturers Precision Castparts Corp, Howmet Aerospace, and LISI Aerospace collectively hold a significant share of about 76%.
Talk to a Claight analyst
Do you want to research Aerospace Fastener Market?

Get in touch and our analysts will be happy to help with custom market sizing, deeper segmentation, supplier detail or a bespoke study built for you.

Connect to an analyst →

Market size and forecast are Claight Analysis, informed by public research and industry data. Historical years before 2026 and all forecast years are Claight estimates at the stated CAGR. Retrieved 2026.