The invention provides a multifunctional inorganic thermal insulation material composition, a multifunctional inorganic thermal insulation material product prepared from the multifunctional inorganic thermal insulation material composition and a preparation method of the multifunctional inorganic thermal insulation material product. By substantially utilizing industrial and construction wastes as a gel enhancement and inorganic thermal insulation system and adding a little amount of cement as well as a proper amount of regulator, the multifunctional inorganic thermal insulation material composition is molded in a casing mode by one step, thereby forming a wall plate, a block material (wall materials decorated by wall floor tiles) and a roof. Therefore, the wall body, the block material and the roof have the multifunction and the characteristics of thermal insulation, fire prevention, water resistance, freezing resistance, crack resistance, sound insulation, light weight, corrosion resistance, weather resistance, decoration, energy conservation, environmental friendliness, safety, sanitation, work saving, time saving, cost saving and the like.