I've always had mixed feelings about the concept of wrapping things to protect from heat, especially in the case where the fluid is not moving. A wrap will only slow the transfer of heat, not dissipate it. OK, so it buys you time on a long grade, but how much time do you need. I would much rather see a heat shield. If the shield is big enough, areas of the shield will be away from the header and be able to dissipate the heat away. I would try to pick up some aluminum sheeting, as it is easy to bend and has good heat transfer characteristics. Its also less likely to rust.