Aerospace fasteners market seen rising to $10.67 billion by 2031

Mordor Intelligence says the aerospace fasteners market will grow from $7.53 billion in 2026 to $10.67 billion by 2031, driven by aircraft production, fleet modernization and defense demand. Asia-Pacific is emerging as a key growth region as manufacturers shift toward lighter materials, automation and new fastening technologies.

Why it matters: - Aerospace fasteners are a critical input for commercial jets, military aircraft and emerging platforms such as eVTOLs. - The market’s growth points to broader pressure on suppliers to support higher production rates, lighter aircraft designs and more advanced manufacturing. - Demand for certified, high-strength fasteners affects airframe builders, defense contractors and the aerospace supply chain.

What happened: - Mordor Intelligence projected the aerospace fasteners market will expand from $7.53 billion in 2026 to $10.67 billion by 2031. - The report forecasts a 7.23% compound annual growth rate over the period. - The report ties growth to rising aircraft production, demand for advanced military aircraft and expansion of eVTOL platforms. - The market outlook was published from Hyderabad, Telangana, India, on Aug. 26, 2026.

The details: - Airlines are prioritizing lighter aircraft components to improve fuel efficiency and cut aircraft weight. - That shift is boosting demand for advanced alloys, composite-compatible fasteners and integrated fastening solutions. - Strong order pipelines and higher production of single-aisle jets are increasing demand for bolts, screws, rivets and specialty fasteners. - Higher build rates are pushing suppliers to expand capacity and improve production efficiency. - Fastener manufacturers are adopting automated assembly and robotic technologies to improve throughput, precision and consistency. - Stricter environmental standards are encouraging the use of alternative protective coatings. - The report identifies bolts and screws, nuts and collars, rivets and blind fasteners, pins and inserts, and specialty and panel fasteners as key product segments. - The material segments include aluminum alloy, titanium alloy, stainless and alloy steel, super-alloys and composite-compatible polymer fasteners. - Major application segments include commercial aviation, military aviation, general and business aviation, helicopters, spacecraft and launch vehicles, and unmanned aerial vehicles. - The end-user segments are commercial and military. - Geographic coverage includes North America, Europe, Asia-Pacific, South America, the Middle East and Africa. - The report is also available in Japanese, French, German, Spanish and Portuguese via Mordor Intelligence. - Report links are available for the translated versions: Japanese version, French version, German version, Spanish version, and Portuguese version.

Between the lines: - Asia-Pacific is emerging as a key growth region because of expanding aircraft manufacturing, broader supplier networks and government efforts to build domestic aerospace capabilities. - Increasing commercial aircraft production in India and China is creating new opportunities for fastener manufacturers and material suppliers. - North America remains a major market because of aircraft manufacturing, defense spending and a mature maintenance, repair and overhaul network. - Recent supply-chain disruptions have increased pressure on North American buyers to strengthen domestic sourcing and reduce import dependence. - Howmet Aerospace completed its acquisition of Consolidated Aerospace Manufacturing for about $1.8 billion in April 2026. - Howmet said in May 2026 that CAM integration was contributing to its Fastening Systems business after the April 6 closing. - CAM makes precision fasteners, fluid fittings and other engineered products for aerospace and defense customers. - Mordor Intelligence said its market definition and cross-checked industry data are designed to improve consistency in market comparisons.

What's next: - The report suggests suppliers will keep investing in automation, material innovation and capacity expansion as aircraft production rises. - Competitive pressure is likely to increase around lightweight, durable and certified fastening systems for both civil and defense programs. - Aerospace fastener makers may also face more demand for alternatives to legacy coatings as environmental rules tighten.

The bottom line: - Aerospace fasteners are set for steady growth as airlines, militaries and new aircraft platforms all push the industry toward lighter, more automated and more specialized components.