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2021 wall hung gas boiler Industry Market Research Report

According to the latest "2021 wall hung gas boiler Industry Market Research Report" compiled by Qinger Information, as of the end of December 2021, China's wall hung gas boiler market is estimated to be about 27.895 million units, the "coal to gas" channel increment is 11,206 million units, accounting for 43.1%; The number of "non-coal to gas" channels is 15.879 million, accounting for 56.9 percent.

In 2021, the last year for the implementation of China's clean heating policy "Winter Clean Heating Plan in Northern China (2017-2021)", the market demand for "coal to gas" project dropped significantly, with 1.28 million units down 53.3% year-on-year.

It is worth mentioning that in 2021, wall hung gas boiler retail channel sales increased by more than 11% year on year. Retail channel is the "stabilizer" and "ballast" of the industry market development, and its stable and sustainable development is the guarantee of the healthy and sustainable development of the industry.

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After the implementation in the past few years, the installation volume of wall hanging furnace in the "coal to gas" area accounts for almost half of the domestic gas wall hanging furnace market. This quantity is undoubtedly the solid foundation for the gradual formation of the "coal to gas" replacement market in China. With the large-scale implementation of "coal to gas" project gradually closed, after the operation of "coal to gas" replacement market, will also become an important direction and topic of the domestic wall hung gas boiler industry.

It is expected that in 2022, the domestic wall hung gas boiler market will exceed 30 million units, and the market scale will reach a new level.

On Feb 22, the Ministry of Finance issued a notice on organizing the declaration of 2022 clean winter heating projects in northern China, organizing the declaration of 2022 clean winter heating cities in northern China. According to the notice, in terms of subsidy standards, the central finance will give clean heating renovation quota awards and subsidies to cities included in the scope of support for three consecutive years, and the annual subsidy standard is 700 million yuan for provincial capitals and 300 million yuan for general prefecture-level cities. The planned cities refer to the standards of provincial capitals. In terms of the scope of subsidies, the circular said the funds will mainly support cities in carrying out clean heating renovation by various means, such as electricity, gas, geothermal energy, biomass energy, solar energy, industrial waste heat and combined heat and power, and accelerate energy-saving renovation of existing buildings. The specific form of transformation shall be determined independently by the applicant city according to the relevant requirements of the State for clean heating.


Post time: Oct-17-2022