The concern for the amount of end-of-life tires generated each year has arisen from constant research directed to their valorisation. Herein we propose a new material, which is constituted by GTR with a binder, as acoustic and also as a thermal insulator for civil engineering. The insulator can also include the fibre mat present in the tire, seldomly considered as a recyclable sub-product. To provide insight into the insulating behaviour of these materials, four mathematical models have been tested and compared with the experimental results of thermal conductivity. The Lewis-Nielsen modelization presented good accuracy with deviations of less than 3%. A statistical analysis has also been conducted on the experimental data showing that the parameter with more effect on thermal conductivity is thickness (differences up to 43%) being particle size, less important (ca 6%). In acoustic properties, different effects can be observed depending on the frequency range, being the density the most relevant. From the mathematical, statistical and experimental analysis can be deduced that good insulation properties would be achieved in materials with: low density, porous; including mat and thick. The effect of these parameters causes variations of thermal conductivity from 0.189 to 0.117 W/m·K and in sound absorption coefficient from 0.06 to 0.6.