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Technavio’s market research analyst predicts that the global aerospace fasteners market will grow at a CAGR of around 7% during the forecast period. Aerospace fasteners including bolts, nuts, screws, rivets, and pins, have extensive usage in commercial and military aircraft, ballistic missiles, rockets, and associated aftermarket services. The application of temperature-resistant titanium fasteners, which have a high strength-to-weight ratio, and growing investment in cabin interior products are propelling growth in this market. Both civilian aircraft and military programs are preferring titanium aerospace parts due to their lightweight property and their compatibility with carbon fiber-reinforced composite structures. Also, with the growing innovations in cabin interior products, such as customized cabins, wireless in-flight entertainment and connectivity (IFEC), interactive windows, and lightweight seats, the demand for fasteners will increase significantly over the predicted period.