The invention belongs to the field of materials, and particularly relates to a photochromic material and application thereof. The photochromic material is prepared through a method which includes thesteps that (a) tungsten and / or molybdenum source compounds, a surfactant and a solvent are mixed to obtain a first solution, and the surfactant and acid liquor are mixed to obtain a second solution, wherein the surfactant is one or more of lignosulfonate, heavy alkylbenzene sulfonate, alkyl sulfonate, cetyl trimethyl ammonium bromide, sodium dodecyl benzene sulfonate, polyvinylpyrrolidone, polyvinyl alcohol, disodium ethylene diamine tetraacetic acid, lauroyl glutamic acid, sodium octadecyl sulfate and fatty alcohol-polyoxyethylene ether sodium sulfate; and (b) the second solution is dropwiseadded into the first solution to obtain the photochromic material. The photochromic material has high color changing efficiency, secondary pollution such as waste water cannot be generated in the preparation process of the photochromic material, and the photochromic material is quite suitable for being applied to the fields of decoration materials, information storing materials, laminated glass and the like.