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2. Decreased Performance If machinery is struggling to maintain pressure or perform at its usual efficiency, the seals may be compromised. Reduced power and responsiveness are often linked to worn seals.

Competition within the oil seal market is another critical factor that affects pricing. The industry is populated by various manufacturers ranging from large multinational corporations to smaller, niche companies. While competition can drive prices down as companies vie for market share, it can also lead to price increases if demand outstrips supply. Additionally, manufacturers that offer superior technology or materials may command higher prices, impacting the overall market rates for oil seals.