The invention relates to an industrial 
coating, in particular to a water-based industrial insulation 
coating with 
light reflection, heat insulation and 
corrosion protection effects and a preparation method thereof. The 
coating is prepared from the following components in percentage by weight: 25 percent to 50 percent of 
polymer emulsion, 5 percent to 30 percent of light reflective filler, 1 percent to 5 percent of nanofiller, 5 percent to 10 percent of heat-insulating filler, 5 percent to 10 percent of anti-
corrosion filler, 5 percent to 8 percent of normal filler, 0 percent to 10 percent of curing agent, 1 percent to 5 percent of dispersing agent, 0.1 percent to 4 percent of coalescing agent, 0.1 percent to 2 percent of 
thickening agent, 0 percent to 1 percent of defoaming agent, 0.01 percent to 0.5 percent of PH (Potential Of 
Hydrogen) 
regulator, 0.1 percent to 2 percent of 
wetting agent, 0.5 percent to 1 percent of antifreezing agent, and the balance of deionized water. The coating provided by the invention has the effects on 
light reflection, heat insulation and 
corrosion protection at the same time, can be applied in the fields of storage tanks, pipelines, outdoor equipment, containers and the like, has the characteristics of safety, nontoxicity, 
environmental protection and 
pollution free, and has favorable weather fastness, 
stain resistance, salt 
fog resistance and scrubbing resistance.