Building construction has gone for tremendous changes during the last decade. The total building architecture including construction system and external finish has improved tremendously. Now a days even residential houses are tailor made to individual requirements. As we all know with the improvement in quality of life, earnings, living style, the building construction methodology and construction materials have got modified to suit the life style of people. Previously in residential houses use of room air conditioner was a rare commodity, but now it has become very common. In fact now we find that air conditioning has become a necessity. The art of living has changed and human comfort is given a lot of importance. Buildings including residential houses hence consume lot of energy now a days. Buildings world over consume more than 40% of the Energy Generated followed by Industry (32%) and Transportation (28%). With the increase in electronic gadgets in the houses along with air conditioning and heating system energy consumption becomes enormous. It is in this context of energy consumption and human comfort the function of Thermal Insulation in buildings has become an important construction element. Thermal insulation is directly linked to human comfort and reducing energy consumption that is creating Energy Conservation.