

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.
The primary function of oil seals is to retain lubricant within a mechanical assembly. In the absence of an effective seal, lubricants can escape from the machinery, leading to increased wear and tear on moving parts, reduced efficiency, and potential failures. In industries where machinery operates under high temperatures and pressures, such as automotive, aerospace, and manufacturing, the significance of oil seals is magnified.