Thermoplastic polyurethane (TPU) elastomer has a widely application because of its perfect physical and chemical properties. However, it was limited by its low reliability in fire safety. In this paper, a new fire agent integrated with molecular sieve and tetrafluoroborate ionic liquid ([EOOEMIm][BF 4 ]) was used to improve fire safety of TPU.The fire safety of TPU composites was investigated by cone calorimeter test, smoke density test, and thermogravimetric/infrared spectroscopy, respectively. The results showed that modified molecular sieve (MMS) can improve fire safety of TPU effectively. The luminous flux increased to 10.10%, total smoke release decreased by 58%, and heat release rate declined of 65% than pure TPU when the addition of MMS was 0.5 wt%. In addition, MMS can improve thermal stability of TPU even in nitrogen according to thermogravimetric/infrared spectroscopy test. These proved that MMS has a satisfactory application prospect in fire safe polymer materials.