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The analyst forecast that the composite annual growth rate of the global aerospace fastener market during 2013 to 2018 will reach 7.75% mainly influenced by the increasing demand for commercial aircrafts and low-cost carriers in the Asia Pacific Region. However, the fluctuation of raw material prices will be a challenge for the current market. So far, aerospace fastener companies that are quite active in the market are 3V Fastener Company Inc., Allfast Inc., B&B Specialities, Inc., Emhart Teknologies LLC, National Aerospace Fasteners Corp., Precision Castparts Corp., TFI Aerospace Corp., TPS Aviation Inc., and Wesco Aircraft Holding. But the market is mainly dominated by Alcoa Inc., B/E Aerospace Inc., LISI Group, and Trimas Corp.

The demand for low-cost carriers in the market also increases the global demand for cost-effective aircraft models, which are generally used in short-haul routes and provide only seats to passengers (excluding other service onboard, which should be paid or may not be offered). As a result, the increasing demand for low-cost carriers will generate positive impact on the market.