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Demand dynamics also play a significant role in the pricing of oil seals. As global industries recover from economic downturns, the demand for machinery and vehicles tends to rise. This increased demand for oil seals can lead to higher prices if supply cannot keep pace. For example, during the economic recovery following the COVID-19 pandemic, many industries saw a surge in demand for automotive parts, including oil seals, straining the supply chains and driving prices upward. Moreover, the increasing trend toward electric vehicles, while potentially reducing some demand for traditional oil seals, has sparked interest in specialized seals for new technologies, which can also influence market prices.
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Next, we discuss the 40% figure, which can denote the allowable leakage rate for particular types of oil seals. Leakage can severely impact the overall performance of mechanical systems, leading to reduced lubrication and increased wear on components. A reputable oil seal must minimize leakage to a level that is often benchmarked at around 40% of the maximum allowable threshold for that system. Manufacturers pour significant resources into developing materials and designs that can achieve this standard, as minimizing leakage not only conserves lubricant but also enhances the efficiency and longevity of the machinery.
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