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Mass timber construction as an alternative to concrete and steel in the Australia building industry: a PESTEL evaluation of the potential.
- Source :
-
International Wood Products Journal . Aug2015, Vol. 6 Issue 3, p138-147. 10p. - Publication Year :
- 2015
-
Abstract
- The present paper is the first to conceptually assess the viability of mass timber construction (MTC) as an alternative construction material/method in Australia. It fulfills an identified need to examine an innovative construction process providing much needed information concerning the technologies current position and future disruption to traditional construction methods. A common tool used in business management studies, the PESTEL model, Political, Economic, Social, Technological, Environmental and Legal is employed to provide structure for a strategic analysis of the technology. Mass timber construction clearly demonstrates some advantages including cost savings, primarily in the reduction in on-site labour costs; a lower environmental impact and use of a renewable resource; and possibility of improved amenity and reduced running costs for owners and occupiers. The estimated market potential for MTC in Australia indicates that a local plant might be viable as the market grows, and warrants funding to underpin a full feasibility assessment. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 20426445
- Volume :
- 6
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- International Wood Products Journal
- Publication Type :
- Academic Journal
- Accession number :
- 108742238
- Full Text :
- https://doi.org/10.1179/2042645315Y.0000000010