The invention provides an anti-cracking plastic pipe and a preparation method thereof and relates to the technical field of plastic pipe processing. The anti-cracking plastic pipe is prepared from thefollowing raw materials: polycarbonate, phenolic resin, low density polyethylene, dodecanedioic acid diester, bisphenol A cyanate ester, o-chlorophenyl isocyanatecarbon, carbon fiber, nano silicon dioxide, ethyl cellulose, a compatilizer, diphenyl methane diisocyanate, hexamethyl phosphoryl triamine, a composite antioxidant, epoxy ethane, castor oil, a plasticizer and gamma-aminoethyl aminopropyltrimethoxysilane. The preparation method mainly comprises steps of base material mixing, raw material pretreatment, auxiliary material treatment, booster mixing, mixing and forming, and the like. Byadopting the anti-cracking plastic pipe, defects of the prior art can be overcome, the anti-oxidation performance of the plastic pipe can be improved, the plastic pipe can be prevented from cold and heat cracking, the mechanical properties of the plastic pipe can be improved, and the service life of the plastic pipe can be prolonged.