U.S. STRUCTURAL CARBON MARKET TO REACH $2.8 BILLION IN 2016 Wellesley, Mass.

In a recent release, ADVANCED STRUCTURAL CARBON PRODUCTS: FIBERS, FOAMS AND COMPOSITES (AVM038D) from BCC Research (www.bccresearch.com), the U.S. market for structural carbon materials totaled nearly $2.1 billion in 2011, and is expected to hold a value of $2.8 billion in 2016, increasing at a five-year compound annual growth rate (CAGR) of 6.3%. The U.S. structural carbon market can be broken down into seven segments aerospace and defense, industrial applications, energy, automotive and other ground transport, sporting goods, infrastructure, and other. The aerospace and defense segment held a value of nearly $1.1 billion in 2011, and is expected to increase at a CAGR of 6% to nearly $1.5 billion in 2016. The industrial applications segment held a value of nearly $434 million in 2011, and is expected to increase at a CAGR of 6.2 % to reach nearly $586 million in 2016. The energy segment held a value of nearly $311 million in 2011, and is expected to increase at a CAGR of 8.2 % to reach nearly $461 million in 2016. The automotive and other ground transportation segment was worth almost $100 million in 2011, and in 2016 is expected to be worth nearly $127 million, increasing at a CAGR of 4.9%. The segment made up of sporting goods was worth $61 million in 2011, and in 2016 is expected to be worth nearly $64 million, increasing at a CAGR of 0.8%. The infrastructure segment was valued at $12 million in 2011 and should be worth $18 million in 2016, a CAGR of 8.8%. The segment made up of other structural carbon materials held a value of $57 million in 2011, and in 2016 should be worth $97 million, a CAGR of 11.1%. The structural carbon materials industry serves mature markets such as defense and aerospace, with a wide variety of products satisfying the requirements of well-established applications. Continuous technical innovations and efforts to make structural carbon technologies available for new applications, however, are leading to the development of new markets. Over the next five years, significant changes will take place in global structural carbon products and applications. Technological advances in improving structure-property relationships of advanced carbon materials and breakthroughs in the manufacturing processes resulting in

lower costs will lead to novel applications. This study analyzes the driving forces that will shape the structural carbons industry over the next few years. The information presented in this report should be useful to members of the financial community who must understand, assess, and rate the effect of forthcoming changes in the structural carbons industry; chief executive officers who must effectively manage the assets of their companies; directors of planning, directors of manufacturing, and directors of engineering; and executives at companies engaged in developing competitive materials and technologies. SUMMARY FIGURE U.S. MARKET FOR STRUCTURAL CARBON MATERIALS BY USER SEGMENT, 2010-2016 ($ MILLIONS)

Source: BCC Research Advanced Structural Carbon Products: Fibers, Foams & Composites (AVM038D) Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC, 49 Walnut Park, Building 2, Wellesley, MA 02481, Telephone: 866-285-7215; Email: editor@bccresearch.com as the source and publisher, along with report n.umber, which can be found in the first paragraph of this release