Traditional light curing or heat curing adhesives are difficult to meet the needs of 3D printing molding. Thermal dual curing strategy is a hot research direction in the field of explosive 3D printing molding. In this paper, under the photothermal dual-curing strategy, a new type of acrylic ester hydroxyl-terminated polyether adhesive with the characteristics of rapid curing and complete curing in a short time was designed and synthesized. The obtained target adhesive has lower viscosity and better mechanical properties at low temperature. The optimum curing process parameters and the optimal material ratio as well as the elasticity of the photothermal double curing system were determined. The mechanical properties, thermal stability and tensile properties of the polymer were investigated. The experimental results showed that the target MAPTHF based adhesive system could be cured quickly within 5 s under ultraviolet light and completely cured within 3 h under heating. The tensile strength and elongation of the elastomer film formed by MAPTHF based photothermal dual curing were 3.15 Mpa and 350%. Compared with elastomer film formed by photo curing and thermal curing alone, it has better mechanical properties. Both thermodynamic properties and viscosity of the target adhesive meet the need of the 3D printing molding process and have been verified by 3D printing experiments. This kind of photothermal dual–curing adhesive solves the problem of slow curing speed and incomplete curing of traditional photo curing. It not only provide support for promoting the application of 3D printing in explosive formula but also lay solid foundations for solving the difficulty of precise rapid prototyping and accurate performance control of traditional explosive column molding process.