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Market demand significantly influences oil seal prices. In periods of high demand, such as when automotive or aerospace industries experience growth, the price of oil seals can rise. The global push towards electric vehicles (EVs) and advanced machinery can increase the demand for high-performance oil seals, contributing to price variations. Conversely, in times of economic downturn or decline in manufacturing output, demand may decrease, leading to price reductions.
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2. Material and Quality The quality of the FRP material can significantly impact the price. High-quality, chemically resistant FRP tanks designed for long-term durability will be more expensive than lower-grade options. It’s vital to consider the specific requirements of your application, such as the type of water being stored and environmental factors.
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