The invention relates to an inorganic composite heat insulation material, which is prepared from the following raw materials in part by weight: 100 parts of common silicate cement, 10 to 30 parts of quick hardening sulfate aluminum cement, 10 to 30 parts of gypsum powder, 10 to 40 parts of admixture, 20 to 40 parts of mineral fiber, 150 to 200 parts of vitrified micro bubbles, 4 to 8 parts of re-dispersible latex powder, 2 to 4 parts of cellulose ether, 0.1 to 0.3 part of starch ether, 0.2 to 1.0 part of water reducing agent, 0.2 to 0.6 part of retarder, 1 to 3 parts of early strength agent, 0.5 to 3 parts of water repellent, and 0.02 to 0.06 part of air entraining agent. The raw materials are mixed uniformly to prepare dry powder, and the dry powder and water are mixed in a weight ratio of 1: (0.8-1.2) and stirred to form slurry for use. The inorganic composite heat insulation material has good workability, quick strength development, high construction efficiency, good adhesive property, low drying shrinkage, heat insulation, hydrophobic property, fire resistance and durability.