Use a premade kit for this type of project.
Foam wall insulation panels.
Follow with a 2x4 frame wall and insulate it with batt insulation.
For a basement remodeling project consider insulating basement walls with foam board.
This foam board insulation is the rigid pink or blue panels that can be found at home centers in many different thicknesses.
Eps is used under roofing over foundation walls and beneath siding.
Basement building science agrees that it is important to choose an insulation panel that can dry to the inside.
0 56 in x 4 ft x 8 ft 1 unfaced polystyrene foam board insulation item 511270 model 100000050497.
Most foam insulation panels will work in a basement.
Attach the tongue and groove insulation boards to the concrete wall with adhesive.
The damp cold of a below ground space requires insulation that will fight the development of mold and mildew while effectively protecting from heat loss.
0 56 in x 4 ft x 8 ft.
After that thin furring strips are installed on top of the foam to provide a firm base for the drywall screws and drywall but can you run rigid foam between the studs just as you would do with fiberglass rolls or spray foam.
The correct method of using rigid foam is to run continuous 4 foot by 8 foot sheets of the foam across the concrete basement wall making the rigid foam the de facto wall.