Cellular materials can be considered as two-phase composites in which a gas has been dispersed in a continuous solid phase. Although some porous materials can be found in nature they are usually produced at industrial scale (polymer foams, cellular metals, cellular ceramics, etc.) to satisfy diverse requirements since sometimes required properties are not accessible by using solid materials-technical requirements and less amount of raw material is needed saving costseconomical requirements. Porous materials offer interesting and unique properties as a reduced thermal conductivity, high cushioning capabilities, and excellent noise absorption.The evaluation of the thermal conductivity of cellular materials from the conductivity data of the two component phases and the structure of the material is an interesting subject that has been approached by different authors. [1][2][3][4][5][6][7][8] However, considering the complex relationships between structural parameters, composition and heat transfer mechanism (HTM), further research in this field is still needed.It is expected that HTM (convection, radiation, and conduction) contribute with different weights depending on the relative density and thermal properties of the solid phase. Therefore, radical differences in the relative weights for each HTM are expected for low density materials based on an insulating solid (polymers) or for materials with medium/ high relative densities based on a heat conductor (metals). Although, the number of previous works analyzing each type of material (polymer foams or cellular metals) is largely high, [9][10][11][12][13][14][15][16][17][18] as far as we know, there are no publications considering and comparing the HTM for both types of materials in a single study keeping a similar perspective (i.e., using similar concepts and models).This work uses, on one hand, experimental data and well known analytical models to predict the conductivity of cellular materials and, on the other hand, finite element modeling to investigate the effect of diverse structural parameters on the HTM. The main aim of the paper is to discuss the relative weight of each HTM in the full density range and the effect of the properties of the matrix and the cellular structure on the thermal conductivity for these two types of materials. The key result of this analysis will be a practical knowledge on the mechanisms that have to be taken into account for both types of materials.