The invention belongs to the technical field of friction materials, and particularly relates to a friction material and a preparation method thereof. The friction material is composed of synthetic fibers, magnesium oxide, aluminum oxide, barium sulfate, boron oxide, sodium bicarbonate, tert-butyl hydroquinone, ethanol and a structure enhancer. The raw materials of the friction material are matchedwith each other to prepare the friction material, the defects that the friction material has strength difference, is easy to oxidize and poor in wear resistance are improved, and the problems that the manufacturing process is complex, the consumed time is long, and the production cost is high are solved, the friction material has a special elastic effect, the performance problem of a traditionalfriction material can be changed, the wear resistance of the friction material is improved, the friction material is light in texture, environment-friendly and anti-oxidation, high pressure resistanceand material selection are achieved, and noise pollution caused by friction is effectively avoided.