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
Discount a future value to present.
Net Present Value
Sum of discounted cash flows.
Compound Interest
Future value with compound interest.
Variables
| Symbol | Description | Unit |
|---|---|---|
| Present value | $ | |
| Future value | $ | |
| Interest/discount rate | — | |
| Number of periods | years |
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.