QYR Market Research Global Mechanical Seals market research | Page 4

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• The consumption volume of mechanical seals is related to
downstream industries and global economy. As there will always
be some uncertain in the global economy in the following years,
the growth rate of mechanical seals industry may not keep that
fast. But it is surely forecasted that the market of mechanical
seals is still promising.
• The product average price declined in the past few years due to
the technology development, the average price will keep the
trend in the few future years due to increasing mature
manufacturing technology and lowing cost of raw materials.