For encapsulated crawl spaces, wall insulation R-values are significantly lower than floor requirements because you're insulating less surface area and eliminating air leakage. The insulation code requirements page has the full IECC tables.
Where should insulation go in an encapsulated crawl space? Usually at the perimeter walls, because the crawl is moving inside the protected enclosure instead of staying outside it. What insulation works best on encapsulated crawl-space walls? Rigid foam board is common.

Furthermore, visual representations like the one above help us fully grasp the concept of Encapsulated Insulation Paints For Walls.
Use-Cases of Insulation Paints. Insulation paints find applications across various industries and sectors: Residential Buildings: Applied on roofs and exterior walls to keep indoor temperatures stable, reducing air conditioning and heating costs.

Crawl space wall insulation is when you apply fiberglass batts, foam boards, or spray foam to the concrete walls in the space below your home.If you insulate the ceiling and not the walls, cold air will increase moisture inside your crawl space, soaking the fiberglass or foam.
Insulated walls mainly provide comfort. Air can escape through the walls, particularly if you do not insulate your attic.encapsulated insulation. R-Value Offerings: R19 & R30. Installation Locations: Attics, Crawlspaces, Garages, Lifted Homes, Walls.