Does sexual tension and chemistry fade?

I've had this incredible sexual tension and chemistry and a guy - but we didn't act on it (we're not dating or anything). I won't be seeing him now for a while and we won't be having any contact... will the chemistry and tension still be there next time we see each other?

What typically makes sexual chemistry fade when you're not in a relationship or dating the person?
Does sexual tension and chemistry fade?
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