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I assume it's not a walk out basement...
so your Lighting choice makes it bright and happy rather than dark and gloomy.
If you have a furnace down there .... you'll need to build a separate furnace room around it with plenty of ventilation options.
I've even built a oil tank enclosure to make that disappear. I don't like the glue idea because it might give off fumes
(just keep that in mind)even when seemingly dry (i don't trust it)
better to 22-shoot nails into the concrete for strapping imho on 24 or 16 centers
to attach your wall treatments to... then you can use 4x8 sheets of silver styrene board insulation of what ever thickness
you need and it goes up real fast @14.00 per sheet.
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