Since 2019, the Composites Knowledge Network (CKN) has conducted three digital surveys of the Canadian Composite Industry. The latest survey was completed in both official languages between February 3 to March 7, 2022 and collected information about the industry for 2021. Over 500 individuals were invited to participate, with responses received from 61 companies.
The latest survey results suggest that:
- The pandemic’s impact is abating, although it is also more widespread than in 2020.
- While the impact to revenue for the Canadian Composite Industry was substantial for all companies, the smallest companies were the hardest hit.
- The survey participants are optimistic for the future: expecting higher revenues and staffing levels, more financial security, and greater ability to retain core staff / skills and business activities in 2022.
- Within 5 years, a wave of retirements among staff specializing in composites is expected and that this wave will continue for several years.
Thank you to the collaborating organizations who helped circulate the 2021 industry survey — SAMPE Canada, CDCQ, PRIMA Québec, and NRC-IRAP.