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Global boiler market heats up as UK is no longer largest consumer
2017/07/27
26 July 2017
Driven by environmental policy uptake and increasing gasification in Asia, the domestic boiler market grew in 2016 to 12.7 million units, with China recording the most dynamic market uptake. The growth in China and South Korea markets resulted in the UK dropping from being the largest world market for domestic boilers to the third largest, according to the latest BSRIA market intelligence study.
 
The Chinese market, driven by the roll out of the coal to gas policy, is now the largest global market with over 1.77 million boilers sold in 2016 and further dynamic growth expected until 2021. The Chinese market is so far dominated by wall-mounted gas non-condensing boilers that accounted for 87 percent of the market in 2016.
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