The acrylic emulsion adhesive was modified by D4 and KH570 with chemical process, and we can get the modified product successfully via the best technology parameter which was confirmed by orthogonal experiment. The structure of acrylic was characterized by FTIR, while there was a comparative study on the macroscopic properties and thermal stability of the unmodified and modified product. The results showed that when m(D4):m(KH570) was 2:1, the dosage of emulsifier was 3.0%, the dosage of KPS was 4.0%, the monomer(soft and hard) ratio was 1:1, the stability of the acrylic emulsion adhesive modified by double siloxane was good, and its viscosity, water resistance, heat resistance were improved greatly.