Abstract: The bitumen (pearlites) and concrete pearlites used in stations and piping have such disadvantages as having high heat conduting coefficient, being easy to get aging, powdering and peeping water, therefore can not play a good function it should have in insulation, weterproof, anti-corrosion and anti-cracking purposes. Through analysis on the performance and characteristics on the performance and characteristics of FBT, multi-insulating matetial. it is considered to have the advantage such as never getting aging and being of long service life. it can help realize the advantages of being waterproof, controlling corrosion and being crackproof. It is much better than pearlites to prolong pipelines'service life. On top of that, it also has the characteristics of less quantity and being easy for construction, and having wide range of application. The contruction method of this kind of insulating material is as follows: one way is manual painting, another is wrapping the pipe with ready-made plates, each of which is low in construction cost. The average heat-conducting coefficient is 0.030W/(m·℃), but concrete pearlites' coefficient is up to 0. 070W/(m·℃). Comparatively, FBT insulation material has obvious supetriotity and is effective in energy saving.