A heating cigarette with adjustable pipe-wall air permeability, characterized in that, the heating cigarette with adjustable pipe-wall air permeability comprises a smoking segment and a heating cigarette filter rod with natural permeability function, the smoking segment and the heating cigarette filter rod are assembled and molded by a shaping paper; a tipping paper wraps around at least part of the outer side of the shaping paper wrapping the heating cigarette filter rod with natural permeability function; From the distal lip end to the proximal lip end, the heating cigarette filter rod with natural permeability function sequentially comprises a smoke extraction segment and a functional filter rod segment, the smoke extraction segment has permeability function itself, outside air can enter the interior of the heating cigarette through the smoke extraction segment; The tipping paper only partially wraps the smoke extraction segment, at least part of the outer part of the smoke extraction segment close to the smoking segment is only equipped with the shaping paper, without being wrapped by the tipping paper; The shaping paper is air permeable, while the tipping paper is air impermeable, the length of the tipping paper is adjustable; the smoke extraction segment has a hollow structure, comprising a pipe wall and a pipe cavity, the pipe wall does not need to be perforated due to its permeability function; there are ventilation pores disposed inside the pipe wall, outside air can enter the pipe cavity through the ventilation pores inside the pipe wall; the pipe wall is molded by particles adhesion and extrusion, and the voids among the particles after molding are used as the ventilation pores, so that the pipe wall itself has a permeability function; the particle diameter is 200-25000 microns; after the particles is molded into the pipe wall of a hollow pipe, the thickness of the pipe wall is 1.0-2.0 mm, and the voids among the particles in the pipe wall are in dispersed form with a porosity of 50-80%. From the distal lip end to the proximal lip end, the heating cigarette filter rod with natural permeability function sequentially comprises a smoke extraction segment and a functional filter rod segment, the smoke extraction segment has permeability function itself, outside air can enter the interior of the heating cigarette through the smoke extraction segment; The tipping paper only partially wraps the smoke extraction segment, at least part of the outer part of the smoke extraction segment close to the smoking segment is only equipped with the shaping paper, without being wrapped by the tipping paper; The shaping paper is air permeable, while the tipping paper is air impermeable, the length of the tipping paper is adjustable; the smoke extraction segment has a hollow structure, comprising a pipe wall and a pipe cavity, the pipe wall does not need to be perforated due to its permeability function; there are ventilation pores disposed inside the pipe wall, outside air can enter the pipe cavity through the ventilation pores inside the pipe wall; the pipe wall is molded by particles adhesion and extrusion, and the voids among the particles after molding are used as the ventilation pores, so that the pipe wall itself has a permeability function; the particle diameter is 200-25000 microns; after the particles is molded into the pipe wall of a hollow pipe, the thickness of the pipe wall is 1.0-2.0 mm, and the voids among the particles in the pipe wall are in dispersed form with a porosity of 50-80%.