The invention discloses a special collision-resistance and modification microcrystalline ceramic abrasive material for machine tool industry, and a manufacturing method thereof. The microcrystalline ceramic abrasive material comprises two parts, wherein the first part is a microcrystalline ceramic formed by sintering alumina powder, lanthanum nitrate hexahydrate and hydroxyapatite in a shuttle kiln, the second part is obtained by polymerizing three components A, B and C, the component A is a mixture of a vinyl olefin-based unsaturated monomer, a phosphorus bidentate ligand, lead powder, activecarbon powder and titanium dioxide powder, the component B is an acrylate-based olefin-based unsaturated monomer, the component C is a sodium silicate aqueous solution with a solute mass fraction of10%, and the second part is a microcapsule structure using the lead powder, the active carbon powder and the titanium dioxide powder as a core, using a silicic acid gel as a medium, and using the vinyl olefin-based unsaturated monomer and acrylate-based olefin-based unsaturated monomer polymer as a mold shell. According to the present invention, the special collision-resistance and modification microcrystalline ceramic abrasive material has characteristics of microcrystalline structure, fine and dense grinding blade, high strength, good toughness, self-loss resistance and durability.