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Nov. 15, 2019, 2:59 a.m. EST

Aerospace Fasteners Market by 2024 – Top Companies, Trends and Future Prospects Details for Business Development

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Nov 15, 2019 (SUPER MARKET RESEARCH via COMTEX) -- According to the latest report by IMARC Group titled, " Aerospace Fasteners Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024", the market is expected to grow at a CAGR of around 6% during 2019-2024.

Some of the key players being Arconic Fastening Systems & Rings, B&B Specialties, LISI (FII.PA), 3V Fasteners Company, National Aerospace Fasteners Corp., TriMas Corporation, Wesco Aircraft Holdings, CDP Fastener Group, TFI Aerospace Corporation, Stanley Engineered Fastening, Ho-Ho-Kus Inc, etc.

Aerospace fasteners are various hardware tools, such as bolts, screws, clamps, hi-locks, rivets, pins and nuts, which are commonly used in commercial and military aircraft, ballistic missiles, rockets and satellites. They are utilized for fastening or fixing two or more components together, such as interior fittings, flight control surfaces and nacelles. They are also used for creating temporary joints that can be dismantled without damaging the surrounding equipment. These tools are usually manufactured using aluminum, titanium and steel for enhanced durability against high pressure and temperatures.

Request for a sample copy of this report: https://www.imarcgroup.com/aerospace-fasteners-market/requestsample

The global market is primarily driven by the thriving civil aviation industry. A significant rise in the air commutation has resulted in the increasing production of aircraft with premium-quality components and luxurious interiors to improve overall passengers' flight experience. Furthermore, the utilization of advanced manufacturing techniques, such as 3D printing and additive manufacturing (AM), which aid in producing lightweight and corrosion-resistant components, is also providing a boost to the market growth. Other factors, including rapid urbanization and favorable policies to improve airport infrastructure, along with increasing space exploration activities, are projected to drive the market further.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/aerospace-fasteners-market

Key Market Segmentation:

Breakup by Product Type

  1. Rivets

  2. Screws

  3. Nuts and Bolts

  4. Washers

  5. Others

Breakup by Material Type

  1. Aluminium

  2. Alloy Steel

  3. Titanium

  4. Others

Breakup by Application

  1. Interior

  2. Control Surfaces

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