The invention discloses a ceramic bonding agent, a preparation method thereof and an application in a CBN grinding wheel, wherein the ceramic bonding agent is prepared from the following components inparts by weight: 41.0 to 44.5 parts quartz, 4.0 to 5.5 parts of alumina, 19.0 to 21.0 parts of boric acid, 3.0 to 5.0 parts of zinc oxide, 6.0 to 8.0 parts of lithium carbonate, 2.5 to 3.5 parts of sodium carbonate, 15.0 to 17.5 parts of barium carbonate, 2.0 to 3.5 parts of strontium carbonate. The preparation method of the ceramic bonding agent comprises the following steps: material preparation step, mixing step, melting step, water quenching step, ball milling step, particle size detection step and drying step. The ceramic bonding agent wets and coats the CBN abrasive particles well, increases the holding force of the bonding agent to the abrasive particles, and improves the strength of the bonding agent.