A range of instruments are available to measure thermal conductivity of building materials. Some of these tools are heat-flow meter, hot plate, hot box and heat transfer analyzer. Thermal conductivity data derived by using different instruments can be different from each other. Implication of these variations in thermal conductivity is significant in terms of commercial profile of the insulations and also in terms of calculating energy saving in large scale use of that specific insulation. Thus it is important to know which of the measuring instrument for thermal conductivity can produce relatively accurate and representative result. This paper firstly looks at the methods and instrument for measuring thermal conductivity of building materials and secondly compares and analyses the results of testing thermal conductivity of fibrous insulations using a heat analyzer and a hot plate.