Even though literature available on EPDM is abundant, the data on physical, mechanical, thermal, interface properties and ablative performance as specifically required for the design and acceptance of internal insulation of large Composite Rocket Motor Casing is scant in the plethora of literature available in the subject of EPDM insulation. This gave the impetus to take up this experimental work wherein most promising formulation of EPDM with Kevlar and silica as reinforcing fillers and with only silica as reinforcing filler were thoroughly characterized for the insulation requirements of large Composite Rocket Motor Casing and compared with the performance of proven Nitrile rubber based insulation. The significant findings which are unique, are discussed in this paper.