The global wire & cable plastics market was valued at ~US$ 10.8 Bn in 2018 and is anticipated to expand at a CAGR of ~4% from 2019 to 2027. In 2018, China and the U.S., the world’s two major power sectors, accounted for 70% of the global electricity demand. Increase in the demand for electricity is expected to drive the global wire & cable plastics market during the forecast period.