The invention provides an environment-friendly 
halogen-free ferrite composite magnetic material, which comprises a bonding agent and ferrite magnetic powders; the bonding agent comprises at least one of PBE (propylene basic 
elastomer), TPO (
thermoplastic polyolefin elastomer), POE (
polyolefin elastomer) or 
acrylic acid rubber; the ferrite magnetic powders comprise 
strontium ferrite magnetic powders or 
barium ferrite magnetic powders, a 
mass percentage of the 
strontium ferrite magnetic powders or 
barium ferrite magnetic powders in raw materials is 50-94 percent, and a 
diameter-thickness ratio of the 
strontium ferrite magnetic powders or 
barium ferrite magnetic powders is (1.0-4.0):1. The adopted bonding agent is a 
halogen-free bonding agent, belonging to environment-friendly materials, environmental problems caused by halogens such as CPE (
chlorinated polyethylene) or PVC (polyvinylchloride) do not exist, 
sulfide precipitating materials produced by NBR (
nitrile butadiene rubber) 
sulfide process do not exist as well, leftover bits and pieces of the bonding agent can be recycled, and thus the production cost is lowered; and the process for producing the composite magnetic material is simpler, and the magnetic property and the mechanical performance of the produced composite magnetic material are better.