Allvac 718Plus alloy is a promising Ni-based superalloy with excellent thermal stability and mechanical properties up to 704 °C. The γ′ coarsening, σ precipitation and the resulting degraded tensile properties at room and elevated (704 °C) temperatures during long-term thermal exposure at 704 and 760 °C are systematically investigated in this work. The results showed that a higher exposure temperature and a longer exposure time significantly accelerate the γ′ coarsening and σ precipitation. The σ particles were detrimental to the alloy by acting as the preferential nucleation sites for cracks, and the reduction in tensile strengths was mainly caused by the increasing size of γ′ precipitates during thermal exposure. Furthermore, there were significant differences between the deformation mechanisms of room-temperature and elevated-temperature (760 °C) tensile tests. Concerning the deformation mechanism of γ-matrix, planar slipping dominates during tensile testing at room temperature, while the formation of stacking faults and microtwinning are primary during tensile testing at elevated temperature (760 °C). The dominant precipitation strengthening mechanism depended on the γ′ characteristics of different thermal exposure conditions and the tensile temperature. The 704 °C/100 h exposure sample shows a dislocation shearing mechanism when tested at room or elevated (760 °C) temperature. Notably, the 760 °C/1000 h exposure sample exhibits a mixed precipitation strengthening mechanism of Orowan bypassing and superlattice stacking faults shearing when tensile tested at room temperature while showing a dislocation and superlattice stacking faults shearing mechanism when tensile tested at elevated (760 °C) temperature.
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