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Some of the major players in the bitumen membranes market include
Presence of small regional players in many countries such as China and India have intensified the competition in the market. In order to maintain the competitive advantage, some players incorporate merger & acquisition strategies. For instance, in 2017, BASF acquired Thermotek, which is primarily engaged in waterproofing system in Mexico. It has helped BASF to strengthen its position in Mexico region.