The invention discloses a blast furnace cloth belt fly ash flotation reagent and an application method thereof, and relates to the technical field of blast furnace cloth belt fly ash flotation, the blast furnace cloth belt fly ash flotation reagent comprises a collecting agent, an inhibitor, an activating agent, a dispersing agent, an adjusting agent and a foaming agent; the collecting agent is amodified oil-based collecting agent, wherein the content of the collecting agent is 10-30 parts by weight; the inhibitor is a zinc mineral inhibitor, and the content of the inhibitor is 1-15 parts byweight; the activating agent is a fine particle carbon powder activating agent, and the content of the activating agent is 1-5 parts by weight; the dispersing agent is a fine-grain mineral dispersingagent, and the content of the dispersing agent is 5-20 parts by weight; the content of the regulator is 1-5 parts by weight, and the content of the foaming agent is 0.1-0.5 part by weight. The invention provides the blast furnace cloth belt fly ash flotation reagent. The flotation reagent can give full play to the synergistic effect of all the components, is good in selectivity and high in collecting performance, has a very good flotation effect on secondary carbon of blast furnace fine-grained fly ash, can achieve the concentrate carbon grade of 70% or above and the recovery rate of 74% or above, can well inhibit floating of zinc minerals, and can achieve efficient zinc mineral enrichment.