No, it doesn't. Header wrap is designed to soak up and hold heat. That's why an engine bay is cooler when it's installed on a header. When it's installed on an intake it soaks and holds the engine bay heat, transferring it directly to the intake tube.
Conversely, reflective tape designed for intakes does exactly what it sounds like-it reflects the engine bay heat from the intake tract, allowing for less transfer from the tube to the air passing through it. They are separate products for a reason, and it's not because it's a conspiracy to get more money out of enthusiasts.