Nippon Paint Malaysia Foresees Steady Growth in 2025

In 2025, Nippon Paint Malaysia expects steady growth, driven by Malaysia’s thriving construction sector, which grew by 20% in the latter half of 2024. This growth is attributed to large-scale infrastructure projects, increased investments in industrial and residential developments, and government policies promoting infrastructure, manufacturing, digitalization, and sustainability.

Tay Sze Tuck, General Manager of Nippon Paint Malaysia.

Major projects like the East Coast Rail Link (ECRL), Rapid Transit System (RTS) Link, Pan Borneo Highway, and data center expansions by tech giants such as AWS, Microsoft, and Google are pivotal drivers. Additionally, government initiatives under Budget 2025 have fueled the demand for affordable housing, boosting the residential sector.

Steady Growth

Nippon Paint has successfully delivered over 100 Total Coating & Construction Solutions (TCCS) projects in the past two years and anticipates further growth in 2025. Their comprehensive offerings include drymix, waterproofing, flooring, architectural coatings, and sealant adhesive filler solutions.

Key focus areas for 2025 include addressing challenges posed by Malaysia’s aging buildings. Many structures require refurbishment due to structural risks, water leakages, and deteriorating aesthetics, despite budget constraints often hindering such efforts. Nippon Paint aims to leverage innovative solutions to meet these demands and maintain its competitive edge in the evolving market.

Read more Business News

Staff Writer

Recent Posts

Sunreef Yachts and Brabus Unveil The Brabus Ultima 55

A signature BRABUS carbon-fiber design concept defines the exterior, complemented by elegant BRABUS Masterpiece interiors…

10 hours ago

Formula One Return To Bring Revenue Boost

Sepang to host 2026 Bahrain Grand Prix, boosting tourism and business, with Bahrain covering hosting…

12 hours ago

United Asiapac Energy Prices IPO at 35 Sen, Eyes RM48.7m Raise

United Asiapac Energy sets IPO at 35 sen, raising RM48.7m to expand well intervention services…

12 hours ago

Malaysia Edges Closer to High-Income Status

Malaysia nears high-income threshold, focuses on productivity, skills, and fiscal reforms under OECD survey and…

12 hours ago

NESCAFÉ Breaks Record with 4,000 Cups Served in an Hour

NESCAFÉ sets record with 4,000 iced coffees in an hour, celebrating Malaysia’s evolving coffee culture…

12 hours ago

Crude oil price dip eases inflation concerns

Easing crude oil prices, which have slipped below US$89 per barrel, helping to ease inflation…

18 hours ago

This website uses cookies.