As per Stratview Research, the global aircraft interior fasteners market is likely to grow at a healthy rate over the next five years to reach US$ 2,795.2 million in 2023. An incessant increase in air passenger traffic all around the world, which is triggering the production rates of key programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; introduction of variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777x; and increasing aircraft fleet size are the factors likely to contribute to a sustainable growth platform for the aircraft interior fasteners market.

Commercial aircraft is expected to remain the growth engine of the aircraft interior fasteners market during the forecast period of 2018 to 2023. Boeing and Airbus are increasing the production rates of their best-selling commercial aircraft programs in order to meet a huge pile of order backlogs. Also, COMAC and Irkut are entering the commercial aircraft industry with their C919 and MC-21 aircraft programs.

Based on the application type, seating is expected to remain the dominant application of fasteners in aircraft interiors, driven by large number of seats per aircraft and gradual inclination of airliners towards economy class and premium economy seats by shying away from first class seats.


Fasteners used in aircraft interiors are made from a wide array of materials, such as aluminum, steel, plastics, and alloys. Aluminum fasteners are the most preferred choice because of their numerous advantages, such as higher specific strength to steel, lightweight, and excellent corrosion and heat resistance. Plastic fasteners are steadily penetrating the aircraft interior fasteners market as they have the advantages of being lightweight at a considerable strength compared to the metallic counterparts.

As per the study, North America is expected to remain the largest aircraft interior fasteners market during the forecast period. The region is the manufacturing capital of aerospace industry with the presence of many large- and small-sized tier players and fasteners manufacturers. Furthermore, stricter emission norms have led to a faster adoption of lighter aerospace grade fasteners in the region. Asia-Pacific is likely to depict the highest growth during the forecast period with China, Japan, and India being the key sources of growth. Substantial growth in the air passenger and freight traffic in China and India are compelling aircraft manufacturers and tier players to open their manufacturing plants in the region.

Major aircraft interior fastener manufacturers are Precision Castparts Corp., Arconic Fastening Systems, Lisi Aerospace, Stanley Black & Decker, Inc., and Penn Engineering. Development of lightweight fasteners and forming strategic alliances with the aircraft OEMs and tier players are the key strategies adopted by the major fastener manufacturers to gain a competitive edge in the market.