South Korea Aerospace Fasteners Market Size, Share & Trends Analysis Report By Material (Aluminum, Alloy Steels, Titanium), By Product (Nuts and Bolts, Rivets, Screws), By Application (Military Aviation, Commercial Aviation, Civil Aviation) and Forecasts, 2026-2034

Last Updated: September 01, 2026 | Author: Sumanta Mahato | Format:

South Korea Aerospace Fasteners Market Size

The south korea aerospace fasteners market size was valued at USD 226 million in 2025 and is projected to grow from USD 245.44 million in 2026 to  USD 474.87 million by 2034 at a CAGR of 8.6% during the forecast period 2026-2034.

The South Korean aerospace fasteners market is witnessing enormous expansion due to the country's strong aircraft manufacturing industry, significant government investments, and strategic worldwide alliances. Leading companies such as Korea Aerospace Industries (KAI) and Hanwha Aerospace are at the forefront of progress in commercial and defense aerospace initiatives. Korea Aerospace Industries (KAI) recorded a substantial 91.4% surge in net profit, amounting to USD 167 million, in 2023. Additionally, the company experienced a notable 37% growth in consolidated revenue, reaching USD 2.9 billion. As a result, the aerospace fasteners market is expected to experience further growth.

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Material Insights

The market is further segmented based on material such as aluminum, titanium, and alloy steel. Aluminum is the leading material in the aerospace fasteners market and is estimated to grow at a CAGR of 6.1% over the forecast period. Aluminum's popularity can be attributed to its great properties, including its lightweight nature, high strength-to-weight ratio, and corrosion resistance, which make it an ideal choice for aircraft applications. These characteristics contribute to the aircraft's total weight reduction, increased fuel efficiency, and lower operating expenses.

South Korea Aerospace Fasteners Market Size By Segments

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Product Insights

The market is segmented by product categories into nuts and bolts, rivets, and screws. Rivets lead the aircraft fasteners market, which is estimated to rise at a CAGR of 6.4% over the forecast period. Rivets are widely used in the aviation industry for their excellent durability, strength, and ability to make long-lasting and robust connections. They play an essential role in the construction of aeroplanes, notably in ensuring safety and performance by maintaining structural integrity.

Application Insights

The market can be divided into three categories based on application into military aviation, commercial aviation, and civil aviation. Commercial aviation drives the aerospace fastener market, which is estimated to increase at a 6.5% CAGR over the forecast period. This dominance stems primarily from a high demand for new aircraft as global air traffic grows, fleets expand, and older aircraft are retired. The continued expansion in passenger and freight traffic necessitates the development of new commercial aircraft, increasing demand for aerospace fasteners.

South Korea Aerospace Fasteners Market Share By Segments

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Regional Analysis

South Korea seeks to strengthen links with global R&D projects, including Airbus, by investing approximately 400 billion won (USD 292 million) in creating materials, parts, and equipment in five important defense sectors, including artificial intelligence, semiconductors, and space. The Seoul Metropolitan Area is home to various aerospace research institutions, universities, and government agencies, all contributing to South Korea's aerospace technology innovation and advancement. While certain locations focus on manufacturing and production, others specialize in research, development, and government efforts, all of which contribute to the growth and advancement of South Korea's aerospace industry.

List of Key and Emerging Players in South Korea Aerospace Fasteners Market

Safran S.A.

Stanley Black & Decker Inc.

TriMas

Precision Castparts Corp.

Alcoa Corporation

LISI Aerospace

MINFENG GROUP

National Aerospace Fasteners Corporation

TFI Aerospace Corporation

Wesco Aircraft Holdings Inc.

Key Industry Developments

June 2026

SeAH Besteel Holdings accelerated its global aerospace materials expansion by advancing construction of its SeAH Superalloy Technologies production facility in Texas, U.S. The facility is designed to manufacture aerospace-grade master alloys and additive manufacturing powders, strengthening SeAH’s aerospace supply chain capabilities and supporting advanced aircraft component manufacturing.

October 2025

SeAH Aerospace & Defense Materials announced a strategic investment of up to KRW 100 billion to establish a high-strength aluminum production facility in Changnyeong, South Korea. The facility is planned to support aerospace and defense applications by expanding domestic production of lightweight, high-performance materials used in aircraft structures and components, indirectly strengthening the aerospace fastener supply ecosystem.

October 2025

SeAH Changwon Specialty Steel announced a large-scale investment program to strengthen its aerospace and defense specialty alloy business. The expansion focuses on advanced alloy production capabilities required for aerospace applications, supporting South Korea’s domestic aerospace manufacturing ecosystem, including suppliers of precision components and fastening systems.

September 2025

Korea Aerospace Industries (KAI) continued strengthening its aerospace manufacturing ecosystem through expansion of domestic production capabilities for aircraft programs, including the KF-21 fighter aircraft. Increased aircraft manufacturing activity supports demand for qualified aerospace component suppliers, including precision fastener manufacturers.

Report Scope

Segmentation

By Material 3

Aluminum
Alloy Steels
Titanium

By Product 3

Nuts and Bolts
Rivets
Screws

By Application 3

Military Aviation
Commercial Aviation
Civil Aviation

Competitive Coverage Safran S.A. · Stanley Black & Decker Inc. · TriMas · Precision Castparts Corp. · Alcoa Corporation

Research Deliverables Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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Frequently Asked Questions (FAQs)

As per Straits Research, the south korea aerospace fasteners market was valued at USD 245.44 million in 2026.

Top industry players are, Safran S.A., Stanley Black & Decker, Inc., TriMas, Precision Castparts Corp., Alcoa Corporation, LISI Aerospace, MINFENG GROUP, National Aerospace Fasteners Corporation, TFI Aerospace Corporation, and Wesco Aircraft Holdings, Inc.

The market growth is driven by the government support and investment.

Growing military and space sector creates a substantial opportunity for the market.

About the Author

Sumanta Mahato

Senior Research Analyst

Sumanta Mahato is a market intelligence and strategy professional with over 4+ years of experience advising organizations across industrial automation, machinery, aerospace and defense, and adjacent industrial technology sectors. He specializes in delivering data-driven market intelligence, strategic assessments, competitive benchmarking, demand forecasting, commercial due diligence, and growth strategy to support informed business and investment decisions.

His expertise encompasses industrial automation systems, manufacturing and process machinery, industrial equipment, aerospace technologies, defense systems, electrical and electromechanical infrastructure, and advanced industrial technologies. He brings strong domain knowledge in assessing market ecosystems, technology landscapes, supply-demand dynamics, regulatory and policy environments, pricing structures, value chains, competitive positioning, and emerging industry trends across global and regional markets.