The invention provides two-component water-soluble environment-friendly spray gel and a method for preparing the same. The spray gel comprises the following components in part by weight: a component A: 60 to 80 parts of water-borne polychloroprene latex, 20 to 30 parts of acrylic acid latex, 20 to 30 parts of ethylene-vinyl acetate copolymer latex and 2 to 10 parts of sodium dodecyl benzene sulfonate; a component B: 5 to 20 parts of modified rosin latex, 1 to 5 parts of isocyanate, 5 to 10 parts of polyurethane association-type thickening agent, 2 to 8 parts of clay, 0.2 to 0.8 part of water-borne defoaming agent and 20 to 30 parts of deionized water; and the mass ratio of the component A to the component B is (3-6):1. The two-component water-soluble environment-friendly spray gel of the invention has the advantages of no organic solvents, no heavy metals, no smell, high bonding initial adhesion, quick drying, excellent heat resistance and anti-ageing property and the like; and the spray gel can be used for bonding not only leather, sponges or non-woven fabrics in same materials, but also sponges and wood, sponges and non-woven fabrics and wood and non-woven fabrics, so that the scope of application of water-borne spray gel in industries of furniture, decoration and leather is widened.