GLOBAL INVAR MARKET
INTRODUCTION
A nickel-iron alloy known as Invar, also known generically as FeNi36 (64FeNi in the US), is distinguished by its remarkably low coefficient of thermal expansion (CTE or ). The phrase “Invar,” which refers to its very low expansion or contraction with temperature changes, derives from the word “invariable.
“In applications requiring high dimensional stability, such as huge aerostructure molds, engine valves, television shadow-mask frames, clocks, seismic creep gauges, precision instruments, and clock hands, invar is employed.
Its pendulum rods and watch balance wheels were two of its early uses in precision regulator clocks. The pendulum clock was the most accurate timekeeper in existence when it was first created, with temperature fluctuations in pendulum length serving as its limiting factor. The first clock to use an Invar pendulum, the Riefler regulator clock.
It had an accuracy of 10 milliseconds per day and was the dominant time standard in naval observatories and for national time services.When doing first-order (high-precision) elevation leveling in land surveying, Invar is utilized as the level staff (leveling rod) rather than wood, fiberglass, or other metals.
[Reference needed] Some pistons had Invar struts to control their thermal expansion inside of their cylinders. Invar is utilized to make it easier to produce pieces to extremely tight tolerances when making huge composite material structures for aerospace carbon fiber layup molds.
Invar is employed as structural elements in the field of astronomy to support the dimension-sensitive optics of astronomical observatories. Astronomical telescopes are able to make observations with a great deal more precision and accuracy thanks to Invar’s superior dimensional stability.
GLOBAL INVAR MARKET SIZE AND FORECAST
The Global invar Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT DEVELOPMENT
A low-expansion alloy powder having 36% Nickel and 64% Iron is known as Nickel Iron Powder, 64FeNi, or Invar powder. It has a low coefficient of expansion from cryogenic temperatures to around 500°F and retains almost constant dimensions over the range of normal atmospheric temperatures.
At cryogenic temperatures, the alloy also maintains good strength and hardness. It has been employed in applications including radio and electronic devices, aircraft controls, optical and laser systems, etc. where dimensional changes brought on by temperature variation must be reduced.
In applications where a motion is sought as the temperature changes, such as in bimetallic thermostats and in rod and tube assemblies for temperature regulators, Invar 36 alloy has also been used in conjunction with high expansion alloys.
COMPANY PROFILE
- Shimizu Material Corporation
- Wuxi Paike New Materials Technology Co., Ltd.
- Eagle Alloys Corporation
- Shanghai Tankii Alloy Material Co., Ltd.
- National Electronic Alloys
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- How many invar are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- Cost breakup of a Global invar and key vendor selection criteria
- Where is the invar manufactured? What is the average margin per unit?
- Market share of Global invar market manufacturers and their upcoming products
- Cost advantage for OEMs who manufacture Global invar in-house
- key predictions for next 5 years in Global invar market
- Average B-2-B invar market price in all segments
- Latest trends in invar market, by every market segment
- The market size (both volume and value) of the invar market in 2023-2030 and every year in between?
- Production breakup of invar market, by suppliers and their OEM relationship
