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Global Nitinol market trend 2023-2029 What is the Special Properties of Nitinol by Newsaxh

Gold is a high-quality hedge hedging tool, favored by investors. Especially in recent years, with the increasing instability of the world economy, gold has become one of the preferred asset allocations of investors because of its functions of hedging and fighting inflation. 

Earlier, the worsening situation in Ukraine sent gold prices soaring to a two-year high of $2,070 an ounce. But gold, along with other commodities, fell back last week as conditions changed and bulls took profits, hitting a low of $1,895 an ounce. Rising gold prices may also have an impact on the Nitinol prices. 

According to China Business News, Goldman Sachs raised its gold price forecast in early March, considering Asian buyers' gold consumption demand, investment demand and central bank gold purchase demand continue to rise. Three -, six - and 12-month targets were raised to $2,300, $2,500 and $2,500 an ounce, respectively, from $1,950, $2,050 and $2,150. The last time all three accelerated was in 2010-11 when gold prices rose nearly 70%. 

The World Gold Council has also noted that global gold demand is at its highest level in nearly two years, which is linked to a recovery in consumption and consumer sentiment to combat inflation. 

What is Nitinol?

Nitinol is a shape memory alloy, which is a special alloy that can automatically restore its own plastic deformation to its original shape at a certain temperature. Its expansion rate is more than 20%, its fatigue life is up to 1*10 to the 7th power, its damping characteristics are 10 times higher than that of ordinary springs, and its corrosion resistance is better than the current best medical stainless steel, so it can meet various engineering and It is a very excellent functional material for medical application requirements.


In addition to its unique shape memory function, memory alloys also have excellent characteristics such as wear resistance, corrosion resistance, high damping and superelasticity.


Special properties of Nitinol

Shape memory: When the parent phase of a certain shape is cooled from above the Af temperature to below the Mf temperature to form martensite, the martensite is deformed at a temperature below Mf, and heated to below the Af temperature, accompanied by reversal. Phase transition, the material will automatically return to its shape in the parent phase. In fact, the shape memory effect is a thermally induced phase transformation process in Nitinol.


Superelasticity The so-called superelasticity refers to the phenomenon that the specimen produces a strain far greater than the elastic limit strain under the action of external force, and the strain can automatically recover when unloaded. That is, in the state of the parent phase, due to the action of external stress, the stress-induced martensitic transformation occurs, so that the alloy exhibits mechanical behavior different from ordinary materials. Its elastic limit is much larger than that of ordinary materials, and it no longer obeys Gram's Law. In contrast to shape memory properties, superelasticity has no thermal involvement. All in all, hyperelasticity means that the stress does not increase with the increase of strain within a certain deformation range, and hyperelasticity can be divided into linear hyperelasticity and nonlinear hyperelasticity. 


In the former stress-strain curve, the relationship between stress and strain is close to linear. Nonlinear superelasticity refers to the result of stress-induced martensitic transformation and its inverse transformation during loading and unloading in a certain temperature range above Af, so nonlinear hyperelasticity is also called transformation pseudoelasticity. The phase transformation pseudoelasticity of Nitinol can reach about 8%. The superelasticity of Nitinol can vary with the heat treatment conditions, and when the archwire is heated above 400ºC, the superelasticity begins to decrease.


Corrosion resistance: Studies have shown that the corrosion resistance of nickel-titanium wire is similar to that of stainless steel wire


About KMPASS

KMPASS is a trusted global chemical material supplier & manufacturer with over 12 years experience in providing super high-quality chemicals and Nanomaterials. The company export to many countries, such as USA, Canada, Europe, UAE, South Africa, Tanzania,Kenya,Egypt,Nigeria,Cameroon,Uganda,Turkey,Mexico,Azerbaijan,Belgium,Cyprus,Czech Republic,Brazil, Chile, Argentina, Dubai, Japan, Korea, Vietnam, Thailand, Malaysia, Indonesia, Australia,Germany, France, Italy, Portugal etc. As a leading nanotechnology development manufacturer, KMPASS dominates the market. Our professional work team provides perfect solutions to help improve the efficiency of various industries, create value, and easily cope with various challenges. If you are looking for Nitinol, please send an email to: [email protected]


The World Food Program (WFP) of the United Nations (UN) and the European Union (EU) said in a statement that the conflict between Russia and Ukraine poses risks to global food supplies, and called on the international community to increase support for vulnerable countries and jointly address food security challenges. 

A few days ago, the Executive director of the World Food Program, the European Commission's commissioner in charge of crisis management, the French Foreign Minister of the ROTATING EU presidency, and other officials held a meeting in Rome, Italy, to discuss how to deal with the negative impact of the Conflict between Russia and Ukraine on global food security. 

One of the officials told a news conference after the meeting that the world was facing a food supply challenge that would "last for many years" as the conflict between Russia and Ukraine pushed up global food prices and disrupted the Nitinol will continue.

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