The invention relates to a synthesis method of an impact modifier butadiene, styrene and methyl methacrylate terpolymer for polyvinyl chloride resin. The method is to firstly prepare an emulsifier for styrene-butadiene polymerization, and adjust The solid content of the electrolyte and latex in the emulsifier is used to synthesize styrene-butadiene latex with an average particle size in the range of 80-280nm. The prepared styrene-butadiene latex is subjected to three-step graft polymerization, the first step is to graft styrene, and the second step is to graft Graft ethyl acrylate, three-step graft methyl methacrylate, control the cross-linking degree of styrene-butadiene latex during the polymerization of styrene-butadiene, reduce stress whitening, introduce grafting agent in the process of three-time graft polymerization, improve The coverage of the grafted monomer on the rubber surface, and finally after coagulation and drying, the MBS resin is obtained. The MBS resin synthesized by this method is used to modify PVC, which has good transparency and excellent resistance to stress whitening Performance and excellent impact resistance, and the polymerization reaction system is stable, making it possible to increase the solid content of styrene-butadiene latex.