The world-wide pultrusion industry: trends and forecasts Global Market Outlook EPTA 2006 March 24, 2006, Budapest, Hungary Presented by: Sanjay Mazumdar, Ph.D. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Contents Research Methodology Industry Overview Trends and Forecasts Conclusions and Recommendations Contact Information Questions and Answers The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Quiz Which pultruded application from the following is the smallest revenue generator in 2005? Grating Rebar Window profile Tool handle The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Research Methodology Market survey and in-depth research on more than 150 pultruders. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Overview Pultruded products continue to penetrate new applications and markets. Highly fragmented industry. More than 300 pultruders worldwide. More than 200 new pultruded applications are launched every year. Global pultrusion industry became an estimated $1.2 billion market in 2005. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Pultruded applications Pultrusion applications. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Pultrusion Opportunities Ranking of pultruded applications. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Competitive Analysis Competitive analysis in various applications. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Market penetration Classic S-Curve in market penetration. In window profile, rebar, transportation and many other markets, the market penetration of pultruded products is less than 2%. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Market leaders and shares Market leaders and their market shares based on annual revenue from pultruded products. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Trend Analysis During 1960s-1990s, pultrusion market grew in double digits. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Growth trends Growth in various regions during 1999-2004 are as follows. Average annual growth rate in global pultrusion industry: 4.7% Average annual growth rate in North American pultrusion industry: 0.9% Average annual growth rate in European pultrusion industry: 8.8% Average annual growth rate in Asian pultrusion industry: 12.9% The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Conclusions E-Composites sees economic conditions in the Asia Pacific region generating the most growth for pultruded applications. Huge opportunities for acquisitions. Highest growth in transportation, infrastructure and building / construction industries in next 6 years. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

Conclusions There will be profit squeeze in next 6 years due to competition from China. Pultruders need to move past traditional business strategies and look at finished end products as the keys to growth and profitability. Differentiate from your competition by adding more value added services . The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006

E-Composites Contact Information Source: “Growth opportunities in the Pultrusion Market 2005-2010: Global Market Outlook” (496 pages) Report order forms and the report’s table of contents are available today. Contact David Kaiser (david.kaiser@e-composites.com ) or me (sanjay.mazumdar@e-composites.com or call 616-243-4444 for further information. The worldwide pultrusion industry: trends and forecasts © E-Composites, Inc., 2006