There are many types of insulators, for example heat insulators, water insulators (also called hydrophobic insulators) and current insulators. The role of an insulator is to avoid passage of something from a system to another. For example, a current insulator is placed in between two parts of an electrical systems in order to avoid they influence each other through current losses or an heat insulator is placed on the wall of an house to avoid that the internal heat is dissipated towards the external environment.
To find good heat insulators is difficult. If we define the heat conductivity k like the heat transmitted for unitary temperature difference through a unit area and unit length of the insulation material, lower the conductivity better the insulation. The better insulators (silica aerogel) have an heat conductivity of about 0.001 in SI units (J m /°K). On the contrary very good electrical insulation can be attained, one of the better electrical insulators is Teflon, whose electrical conductivity (current per unit voltage on unit area and unit length) is as low as 10-23 A m/V.
Regarding insulation from material infiltrations, (for example water insulators that are used to avoid humidity to penetrate inside a room) the conductivity is defined as transmitted quantity of water per unit concentration difference between the two sides of the insulator per unit area and unit length. Lower the conductivity higher teh insulation.
That wire could use a better insulator.
It is an insulator. It would take many wraps to make it become a good insulator. There are much better products in the market place to use for insulation purposes which are much safer.
insulator.
Insulator
insulator