The World Bank expects global economic growth to slow significantly, from 5.5% in 2021 to 4.1% in 2022 and further to 3.2% in 2023. Growth in East Asia and the Pacific is expected to slow to 5.1 percent in 2022, reflecting the impact of China's economic slowdown, the report said. China's economic growth is expected to fall to 5.1% in 2022, close to potential growth, due to the ongoing impact of the COVID-19 pandemic and the Chinese government's tightening of regulations in certain sectors of the economy. The report said that the rapid spread of the Omicron variant means that the new crown epidemic is likely to continue to disrupt economic activity in the near future. In addition, decelerating growth in major economies, including the United States and China, will depress external demand in emerging markets and developing economies.
Slow economic growth has a huge impact on Ti6Al4V powder.
What is TC4?
The composition of titanium alloy TC4 material is Ti-6Al-4V, which belongs to (α+β) type titanium alloy and has good comprehensive mechanical and mechanical properties. than the strength. The strength sb=1.012GPa of TC4, the density g=4.51g/cm3, the specific strength sb/g=23.5, while the specific strength sb/g of alloy steel is less than 18. Titanium alloys have low thermal conductivity. The thermal conductivity of titanium alloy is 1/5 of iron and 1/10 of aluminum, and the thermal conductivity of TC4 is l=7.955W/m·K.
Properties and uses of TC4 titanium alloy
Titanium alloys have properties such as low quality and high strength, good high temperature strength and good corrosion resistance, and have been widely used in emerging fields such as aerospace, navigation, automobiles, medical equipment, and sports equipment. As a medium-strength α-β titanium alloy, TC4 is mainly used in the manufacture of aircraft fuselage, wing parts and engine blades, and is currently the most widely used titanium alloy. TC4 alloy has high strength, good thermal stability, excellent corrosion resistance and good biocompatibility.
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As the Russia-Ukraine conflict continues to develop, there is growing concern about the potential disruption of Russia's energy supply. Geopolitical premiums have pushed up the price of crude oil and natural gas, and the energy price is expected to remain high in the short term. Affected by this, the market price of the Ti6Al4V powder may keep rising.
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