Originally Posted by
10x25mm
A thin fiberglass matte blanket without paper or aluminum backing should provide you with plenty of insulation ASTM C553 Types IV and higher are rated at temperatures of 850°F and higher. The lower number ASTM Types are only good to 450°F, which is a bit dicey. Thermal conductivity for all the fiberglass mattes is is about 0.25 BTU/(h⋅ft⋅°F) which is far lower than aluminum.
Wrap it in a 'C' pattern around the barrel - closed at the bottom and open at the top. The opening at the top will allow some heat to escape over time. Just keep in mind that cool down will take a lot longer and you really shouldn't fire more than 120 rounds before giving it a rest.
Fiberglass matte is readily available and cheap. The two downsides are discoloration of your barrel finish (which will burn off) and some tendency to retain moisture if you dunk your pistol or get rained on. Fiberglass holds about 5% moisture by weight at room temperature. That moisture will come off as steam if you run its temperature over the boiling temperature and steam can be unpleasant in and of itself.