NEW YORK, May 3, 2021 /PRNewswire/ -- The aerospace titanium fasteners market is projected to grow by USD 828.62 million, at a CAGR of over 6% during 2021-2025, as per the latest market research report by Technavio. This report offers exclusive analysis on the market drivers, trends, challenges, and opportunities to be leveraged by stakeholders from the aerospace sector for making informed business and investment-related decisions. Technavio has also monitored the impact and outcome of the COVID-19 pandemic on the aerospace titanium fasteners market during the forecast period. - Advertisement - Driver and Trend Analysis Various factors such as the development of next-generation engines, growing demand for titanium fasteners, and increasing demand in emerging economies are likely to influence the aerospace titanium fasteners market positively during the next few years. Furthermore, there has been an increase in the use of composite fasteners during the development of aircraft, which has resulted in significant aerodynamic improvements such as reduced fuel consumption, enhanced range, and increased payload capabilities. These factors are further likely to drive the market growth positively in the upcoming years.