Aerospace Titanium Fasteners Market Analysis by Product, by Distribution Channel, by End User, and Segment Forecasts, 2018 to 2023
The growing demand for titanium fasteners is one of the key drivers of market growth. The civilian aircraft program consists of Boeing 787, Bombardier's new C-Series aircraft and Airbus A350, and the military program is made up of Lockheed's new F-35 Lightning II fighter aircraft, preferring titanium aerospace components. The demand for these components is due to their compatibility with light weight and carbon fiber reinforced composite structures. Titanium hardware is 40% cheaper than non-titanium hardware. They are also corrosion...
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