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03.04.2024
Zhandos Temirgali: "We Are Seeing a Growing Interest in Powder Coatings Worldwide"
The global powder coatings market is experiencing active growth, as evidenced by the increasing demand across various industries and regions. The need for high-quality coatings is on the rise in construction, manufacturing, home appliances, and other sectors, from the GCC countries to North America and Europe.
According to Zhandos Temirgali, Chairman of the Board of Directors at Qemtex, the interest in powder coatings is driven by several factors. "Powder coatings combine functionality, environmental friendliness, and practicality. They provide reliable protection for products, have a long service life, and allow for a variety of decorative effects. At the same time, the production and application of powder coatings are safe for the environment, as they do not require the use of additional chemical reagents," notes Temirgali.
The industry's potential is confirmed by expert forecasts. The global powder coatings market is expected to grow by 5.5% annually until 2029. The growth drivers are the developing markets of the Middle East, Asia, as well as the Americas, where active construction and industrial development are taking place.
"Under these circumstances, powder coating manufacturers face new challenges – to meet the growing demand for products and offer solutions that meet the needs and standards of local consumers. Qemtex sees this not only as a challenge but also as an opportunity for growth and development in the global market," emphasizes Temirgali, Chairman of the Board of Directors at the holding company.
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