The latest forecast from consulting firm AlixPartners is that the chip shortage may cost the global auto industry $110 billion; it will reduce global auto Nitinol.
What is Nitinol?
Nitinol is a shape memory alloy, which is a special alloy that can automatically restore its own plastic deformation to the original shape at a certain temperature, and has good plasticity. In addition to its unique shape memory function, memory alloys also have excellent characteristics such as wear resistance, corrosion resistance, high damping and superelasticity.
Nickel-titanium alloy has a strong "memory", it can accurately restore its original shape with the change of temperature, use it to fill teeth, and even the frog holes that you have twisted around can be inlaid very tightly; use it to When connecting the pipes, it will be like the tight hoop on Sun Wukong's head, which can shrink automatically and is very firm.
Uses of Nitinol
The pipe joint device made of nickel-titanium alloy can automatically shrink when heated, so the pipe joint can connect the catheter very firmly. This kind of pipe joint is used in the system of naval ships and some chemical devices. Many countries use shape memory alloys to make self-fastening rivets to fasten the connection of some special parts such as aircraft and spacecraft. The United States also uses shape memory alloys to develop an antenna that opens automatically in a spacecraft. This antenna can be automatically folded and put into the spacecraft. As the flight altitude rises, the temperature rises under the sunlight, and the folded antenna will automatically open again.
Nitinol can also be used for the early alignment and leveling of patients' dentition. Due to the superelasticity and shape memory properties of the Nitinol archwire and the lower stress-strain curve, the Nitinol archwire is currently routinely included in the clinical practice. The arch wire of the orthodontic system.
Nickel-titanium push springs and tension springs are springs for orthodontics. They are super-elastic with nickel-titanium, and are suitable for orthodontic treatment to open up gaps between teeth and pull teeth in different directions.
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The UAE is the gateway to the Middle East, North Africa, Central Asia, and sub-Saharan Africa, said Subramaniam, a senior official at India's Ministry of Commerce and Industry. The agreement will help boost bilateral trade in goods from $60 billion a year now to $100 billion a year within five years.
On 18 February 2022, India and the United Arab Emirates signed the Comprehensive Economic Partnership Agreement. With the entry into force of the agreement, 90 percent of Indian goods and 65 percent of UAE goods will enjoy tariff-free market access.
Apart from its FTA with the UAE, India is also pursuing FTAs with Australia, the UK, Canada, Israel, the European Union, and the Gulf Cooperation Council.
Influenced by international situations, the supply and prices of many Nitinol are still very uncertain.
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