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Piping Materials Cost Ratios

Reference data and engineering information about piping materials cost ratios for economics applications.

pipingmaterialscostratios

Overview

Engineering reference data for Piping Materials Cost Ratios in economics.

Key Formulas

Present Value

PV=FV(1+r)nPV = \frac{FV}{(1+r)^n}

Discount a future value to present.

Net Present Value

NPV=t=0nCt(1+r)tNPV = \sum_{t=0}^{n} \frac{C_t}{(1+r)^t}

Sum of discounted cash flows.

Compound Interest

FV=PV(1+r)nFV = PV(1+r)^n

Future value with compound interest.

Variables

SymbolDescriptionUnit
PVPVPresent value$
FVFVFuture value$
rrInterest/discount rate
nnNumber of periodsyears

Material Abbreviations

The following abbreviations are used throughout this document for common piping materials:

  • PTFE — PolyTetraFluoroEthylene
  • FRP — fibreglass (Fibre-Reinforced Plastic)
  • PVDF — PolyVinyliDene Fluoride
  • FEP — Fluorinated Ethylene Propylene

Cost Ratio Basis

The installed cost ratios are based on a standardized installation for comparison. The reference installation is:

  • Pipe Length: 100 m (400 ft)
  • Pipe Size: DN 50 (2" nominal diameter)
  • Reference Material: Carbon Steel is assigned a cost ratio of 1.00. All other material costs are expressed as a multiplier relative to this baseline.

References