Both basalt fiber and mineral glass are water insulation materials, which are used to improve the permeability of engineered wood composite panels in this study. The contents of water resistant agent in wood composite panels are 0%,5%,10%,15%,20%,25%, respectively. It was found that the minimum thickness swelling was 2.55%, when the mineral glass content was 15%; the minimum thickness swelling was 5.09%, when the basalt fiber content was 5%. Both water insulation materials can reduce the water absorption, but mineral glass powder is more powerful.