Titanium Fasteners in the Aerospace Industry
Titanium fasteners are the most common alloy used in the aerospace industry. They are obtained from a blend of properties of steel and aluminum. Their high strength-to-density ratio makes, stronger and lighter than steel, corrosion resistance, and high-temperature performance makes them the perfect choice for the aerospace industry. For their high tolerance to extreme temperatures and pressure, they are used in the landing gear, jet engines, fan blades, engine blades, shafts, airframes, wings, and propellers.
Titanium fasteners are used in the form of pin or nut for linking components in aircraft assembly. Since titanium fasteners are 40% more lightweight than any other components, demand for lightweight parts has driven the titanium fasteners market recently. Top market players producing titanium fasteners are 3V fasteners, Arconic Inc, LISI Aerospace, KLX Inc, Trimas Corp, TFI Aerospace Corp and many more. They are used in narrow body, wide body, regional aircraft, commercial and military aircraft, in the form of nuts, screws, rivets, bolts for airframe, engine, wings assembly, exterior and interior of aircraft.
According to Stratview Research, the global aircraft titanium fasteners market is likely to witness an impressive CAGR of 6.4% CAGR during the forecast period. Increased demand for aircraft orders and deliveries, demand for narrow-body aircraft, advancement in fastener technology and high demand for lightweight components and corrosion resistance are the key factors proliferating the demand for titanium fasteners in the aircraft industry. Airbus A320 family and Boeing 737 aircraft are the largest players in delivering narrow-body aircraft. In terms of region, North America has the largest market for titanium fasteners followed by Asia-Pacific which is growing slowly with China, Japan and India being the key source for growth.
Apollo Aerospace Components has been supplying titanium fasteners and hardware components for the aerospace industry for three decades delivering the component parts to major aerospace companies across the globe with business operations in India, USA, UK, Poland, Spain, and France. We are an AS 9120B certified company. Our clientele includes industry-leading aerospace and defense companies, including Airbus, Boeing, Bombardier, Lockheed Martin and many more.