Commodity prices are on track for their biggest rally in more than a century, while fixed-income assets have seen their longest run of outflows as the war in Ukraine adds to inflationary pressures in the global economy emerging from the coronavirus lockdown, according to Bank of America.
"Commodity prices this year are on track to record their biggest gains since 1915." the bank said in its weekly briefing. They cite many factors, such as pandemics, lockdown, civil strife, wars, excessive monetary and fiscal stimulus, and supply chain disruptions, that have led to "historically" high inflation.
By the same token, it said government bonds were heading for their worst year since 1949, and "negative-yielding bonds will quietly disappear" from the market as central banks embark on a monetary tightening cycle and raise interest rates to tame soaring inflation.
The prices of many commodities like the Nitinol are expected to increase in the future.
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
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 coronavirus (COVID-19) pandemic not only had a significant impact on public health, it also severely affected one of the linchpins of the global economy – the tourism industry. As many countries introduced curfews and travel restrictions to contain the spread of the virus, travel across the world significantly declined from early 2020 onwards. The financial repercussions of the coronavirus have already begun to manifest themselves within the tourism industry. In 2020, global revenue from the travel and tourism industry was estimated to drop from a forecasted 711.94 billion U.S. dollars to 568.6 billion U.S. dollars, representing a decrease of over 20 percent. The region predicted to see the highest decline in revenue was Europe, decreasing from 211.97 billion U.S. dollars in 2019 to roughly 124 billion U.S. dollars in 2020.
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