An environmental thermoplastic PVC table tennis material comprises the following materials, by weight, 100 parts of polyvinyl chloride, 3-8 parts of a heat stabilizer, 1-5 parts of a lubricant, 10-30 parts of a reinforcing flexibilizer, 5-10 parts of a filling material, 0.1-0.2 part of a toner, 0.1-0.5 part of an anti-oxidant and 0.1-2 parts of an ultraviolet ray absorber. The preparation method of the environmental thermoplastic PVC table tennis comprises the following steps: firstly carrying out injection moulding to form two hemispheres, splicing the two hemispheres by the use of an adhesive to form a complete sphere, polishing, swelling in a die cavity to form a uniform table tennis, and carrying out aftertreatment to prepare a finished product ball. Thickness of the hemispheres, from top to bottom, is divided into five stages. The environmental thermoplastic PVC table tennis material has advantages of low cost, high hardness, excellent elastic modulus, good eccentricity and good environmental protection property, and can meet requirements of a game ball.