In recent years, ternary cadmium zinc sulfide (CdZnS) alloy compounds have been paid much attention in the fields of opto-electronics, particularly in photovoltaic devices. CdZnS thin films can be prepared by different techniques among which chemical methods have more advantages. Among different chemical method, Chemical Bath Deposition (CBD) is simple, low cost and widely applicable in industrial applications. In this chapter, we have discussed different methods of preparation of CdZnS thin film and their obtained properties. Also, the films are characterized by XRD, TEM, FESEM, EDAX, UV-Vis spectroscopy, etc. The properties of CdZnS gives insight of the properties of ternary thin film semiconductor and it will help to design semiconductor with tuneable properties for future applications in optoelectronic sector.