This study is to investigate the properties of domestic fly ash for utilization as data in regard to fly ash which is by-product of domestic coal powder plants and the possibility of utilization as insulation material of domestic fly ash. Composition refractoriness size distribution density contents of hollow particles and crystalline phase were examined as the properties of domestic fly ash. As to the fired test pieces of fly ash by itself that varied contents of hollow particles with four kinds and of the fly ash-clay-saw dust system linear shrinkage bulk density app. porosity compressive strength thermal conductivity and structures were investigated for the possibility of utilization as an insulation material. The results are as follows : 1. The properties of the fly ash I) The constituent particle of the fly ash is spherical and it contains not a few hollow particles (floats by water 0.30-0.50 floats by $ZnCl_2$ aq.(SpG=1.71) 6.97-16.72%). ii) The chemical compositions of fly ash are $SiO_243.9-54.1%$ , $Al_2O_321.0-30.7%$ Ig loss is 7.4-24.1% and the principal of Ig loss is unburned carbon. iii) Fly ash was not suitable to use for mortar and concrete mixture because Ig. loss value is higher than 5% 2. Utilization as insulation material I) The test pieces of original fly ash floats by water floats by ZnCl2 aq(SpG=1.71) p, p t by ZnCl2 aq.(SpG=1.71) that were fired at 110$0^{circ}C$ represented 0.11-0.18 kcal/mh$^{circ}$ C as thermal conductivity value. ii) The test pieces which (76.5-85.5) wt% fly ash-(8.5, 9.5) wt% clay-(5.0-15.0) wt% saw dust system(68.0-72.0) wt% fly ash -(17.0-18.0)wt% clay-(10.0-15.0) wt% saw dust system and 59.5 wt% fly ash-25.5 wt% clay-15.0wt% saw dust system were fired at 110$0^{circ}C$ the thermal conductivity was less than 0.1Kcal/mh$^{circ}$ C. iii) In view of thermal conductivity and economic aspect insulation materials which added saw dust as blowing agent and clay as inorganic binder are better than that of fly ash as it is or separated hollow fly ash particles. iv) When the saw dust contents increased in the (59.5-90.0) wt% saw dust system and when amount of clay de-creased and firing temperature decreased under the condition of equal addition of saw dust app. porosity increased but bulk density compressive strength and thermal conductivity decreased.