Aerospace Titanium Fasteners(ASF) Market Size, Share, Growth Analysis, By Product(Nuts, Bolts, Rivets Screws, Others), By End-user(Military Aircraft Manufacturers, Commercial Aircraft Manufacturers, MROs (Maintenance Repair & Operations)), By Application(Airframes, Engines, Interiors Flight Control Surfaces, Landing Gears), By Region - Industry Forecast 2025-2032

Aerospace Titanium Fasteners(ASF) Market size was valued at USD 0.76 Billion in 2023 and is poised to grow from USD 0.81 Billion in 2024 to USD 1.48 Billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032).

Aerospace fasteners are used in aerostructures during the aircraft manufacturing process. Aerospace fasteners are required in the final aircraft assembly to transform different parts into a complete aircraft. The aerospace industry is extremely concerned with safety and weight. As a result, the fasteners used in aircraft construction are made of high-quality materials. Aerostructures such as the fuselage, wings, empennage, nose, pylon and nacelle, and flight control surfaces all require fasteners during the assembly process to add appeal and robustness to commercial and military aircraft designs. Aerospace fasteners give the aerostructure firmness and rigidity, making them an important aircraft component. Nuts and bolts, screws, rivets, and other fasteners are available on the market.

Due to consistently rising air traffic in the high-growth region, the aviation industry has seen high demand for commercial aircraft in recent years. As a result, aircraft manufacturers such as Bombardier, Boeing, Embraer, and Airbus are expanding their manufacturing capacity to meet the demand for new airplane orders and backlogs from previous aircraft. Different aircraft part suppliers are also focusing on accelerating production to meet the demands of various aircraft systems.

Due to the compatibility of the materials, increased titanium use in aircraft manufacturing is directly related to composite parts. The development of composite design, construction, and deployment is what is driving the market's rising demand. In the coming years, market growth is anticipated to be boosted by the growing demand for fuel-efficient aircraft. The engine is the most intricate component of an aircraft, contains the most unique parts, and ultimately affects fuel efficiency.

Heat-resistant superalloys, such as titanium alloys, Titanium 5553, which exhibit high strength, lightweight, and excellent corrosion resistance are projected to witness an increase in market demand to meet these temperature requirements of aircraft engines like lean-burn engines, with temperature potentials as high as (2,100°C).

US Aerospace Titanium Fasteners(ASF) Market is poised to grow at a sustainable CAGR for the next forecast year.