The invention discloses novel two-component waterproof and decorative integrated paint and a construction method thereof. The paint includes a base layer; the outer layer of the base layer is sprayedwith a
mortar layer; and the
mortar layer consists of an acrylic
emulsion, a special inorganic cementing material, a filling material and a plurality of functional additives. The paint consists of theacrylic
emulsion, the special inorganic cementing material, the filling material and a plurality of the functional additives; the paint is unique in formula, and therefore, risks of the crystalline bloom and
chromatic aberration of
colored decorative
mortar can be greatly reduced; the paint can be applied to leakage maintenance of external walls, refurbishment of exterior wall tiles, flat painting and renovation of the exterior walls, waterproof and decorative integration of new exterior walls, waterproof maintenance of old exterior walls and reconstruction of the exterior walls; the paint can adopt brushing, roll
coating, spraying and batch painting; and compared with traditional paint construction
modes, the paint can have waterproof performance without performing
water repellent treatment, a
putty layer spraying process, priming paint making and
overlay varnishing are not needed, all painting processes can be simplified to a waterproof and decorative integrated paint process, so that materials and construction costs can be reduced, and the
controllability of construction quality can be enhanced.