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Standard Fasteners to Outpace Aerospace-grade
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2014-04-07

Growth in demand for standard fasteners is forecast to outpace that for aerospace-grade products through 2017. This will be a result of standard fasteners' heavy use in the OEM and construction markets. Externally threaded standard fasteners will remain the largest single product category, posting the fastest gains, along with application-specific products.

Demand for aerospace-grade fasteners will improve from the growth registered during the 2007-2012 period, as aerospace equipment shipments accelerate. Manufacturers serving this market will need to continue adjusting to the growing use of composites in aircraft manufacturing. Composite designs often require fewer fasteners, but provide opportunities for sales of higher value fastening products designed specifically for use with composites.

 
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