In order to meet the anticorrosion and wear resistance requirements of petroleum pipelines, we selected a polymer (FC) containing difunctional hydroxyl propyl acrylate (HPA) and perfluoroalkyl ethyl acrylate (TEAc-N) free radical polymerization to prepare hydrophobic fluorocarbon chain oil and a hydroxyl special functional group. Combined with tetrafluororesin (F4), the hydrophobic, wear-resistant and corrosion-resistant properties of epoxy coating were improved. The optimum synthesis ratio of TEAc-N:HPA was 9:1, and the FC polymer with the best hydrophobicity was prepared. The hydrophobic angle of the coating was 100.3% higher than that of pure Q235 section steel. By adding 5 wt.% of FC to epoxy resin (EP), the hydrophobicity increased by 65.4% and oleophobicity increased by 32.1% compared with pure EP. The coefficient of friction was reduced by 73.8%. EIS test results showed that the impedance modulus in the low frequency region (|Z|0.01 Hz) was two orders of magnitude higher than that of the pure epoxy coating. The composite coating has sufficient utility to meet the wear, heat and corrosion resistance requirements for oil pipeline transportation.