Polymer-modified cement-based materials have been widely used in the construction field. Acrylate lotion significantly improves durability, toughness, and bending resistance, especially durability, because the porosity of cement-based materials is reduced, preventing the entry of harmful ions and water. When acrylate lotion was at 20%, the resistance of cement-based materials to chloride ion penetration increased by 40%. At the same time, the fracture toughness of cement-based materials modified with acrylate lotion and carbon nanotubes increased by 10–15%. The flexural strength of cement-based materials modified by acrylate lotion and fiber increased by 29%. Additives such as TiO2 have a unique impact on the modification of cement-based materials, which has attracted the interest of researchers. This paper reviewed the performance of acrylate lotion-modified cement-based materials and the application of acrylate lotion in the field, which systematically increased the durability, mechanical properties, and waterproof properties of cement-based materials when acrylate lotion was modified, acrylate lotion was modified with nanomaterials, acrylate lotion was modified with other polymers, acrylate lotion was modified with fiber, and when acrylate lotion was modified with other additives. The shortcomings of acrylate lotion modification with different materials were reviewed and evaluated, and the comprehensive performance of cement-based materials modified by acrylate lotion was expected to achieve maximum strength improvement under the synergistic effect of various modifications.