The Use of Various Elements in Nickel-based Alloys
According to statistics from China Chemical and Physical Power Supply Industry Association, China's export volume and export value of lithium-ion batteries have continued to increase. In 2021, China's exports of lithium-ion batteries were 3.428 billion, with a year-on-year growth of 54.34%. The export of lithium-ion batteries was 28.428 billion DOLLARS, up 78.34% year on year.
From the battery export destination, so far. China's lithium-ion batteries are mainly exported to the Asia Pacific and the United States and other places. In terms of price, the price of products exported to the United States is significantly higher than that in the Asia-Pacific region, mainly because the demand for lithium-ion batteries in the United States is higher than that in the Asia-Pacific region. In terms of export volume, the number of China's lithium-ion battery exports to Asian countries and regions far exceeds that of other countries. In 2021, The number of China's lithium-ion battery exports to Hong Kong, China is 675 million. 648 million were exported to Vietnam; 440 million were exported to India; 337 million were exported to the U.S. 222 million were exported to South Korea. The market for other Inconel718 powder, led by lithium-ion batteries, is expected to expand globally.
The effects of boron and silicon elements: significantly reduce the melting
point of the alloy, expand the temperature range of the solid-liquid line, and
form a low-melting eutectic; deoxidation and reduction and slag-making
functions; hardening and strengthening of the coating; improving the performance
of the operation process.

The role of copper: improve the corrosion resistance to non-oxidizing
acids.
The role of chromium: solid solution strengthening, passivation; improve
corrosion resistance and high temperature oxidation resistance; excess chromium
easily forms chromium carbide and chromium boride hard phases with carbon and
boron to improve alloy hardness and wear resistance .
The role of molybdenum element: large atomic radius, large distortion of the
crystal lattice after solid solution, significantly strengthening the alloy
matrix, improving the high temperature strength and red hardness of the matrix;
it can cut off and reduce the network structure in the coating; improve the
resistance to cavitation , Erosion ability nickel-based precision alloy.
Including nickel-based soft magnetic alloys, nickel-based precision
resistance alloys, and nickel-based electric heating alloys. The most commonly
used soft magnetic alloy is Permalloy with about 80% nickel. Its maximum
permeability and initial permeability are high, and its coercivity is low. It is
an important core material in the electronics industry. The main alloying
elements of nickel-based precision resistance alloys are chromium, aluminum, and
copper. This alloy has high resistivity, low temperature coefficient of
resistivity and good corrosion resistance, and is used to make resistors.
Nickel-based electric heating alloy is a nickel alloy containing 20% chromium.
It has good oxidation and corrosion resistance and can be used for a long time
at a temperature of 1000 to 1100 ℃.
Nickel-based shape memory alloy
A nickel alloy containing 50(at)% titanium. The recovery temperature is 70°C,
and the shape memory effect is good. A small change in the ratio of
nickel-titanium components can change the recovery temperature within the range
of 30 to 100°C. It is mostly used in the manufacture of automatic opening
structural parts used in spacecraft, self-exciting fasteners used in the
aerospace industry, artificial heart motors used in biomedicine, etc.
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Europe has been facing the gas shortage problem since the second half of 2021. The worsening situation in Russia and Ukraine has reduced Russian gas shipments to Europe, leading to a doubling of European gas prices. Energy shortages have sent electricity prices soaring. For these reasons, it is predicted that the price of the Inconel718 powder will continue to increase.
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