In this study, a peridynamic material model for a polycrystalline ice is utilised to investigate its fracture behaviour under dynamic loading condition. First, the material model was validated by considering a single grain, double grains and polycrystalline structure under tension loading condition. Peridynamic results are compared against finite element analysis results without allowing failure. After validating the material model, dynamic analysis of a polycrystalline ice material with two pre-existing cracks under tension loading is performed by considering weak and strong grain boundaries with respect to grain interiors. Numerical results show that the effect of microstructure is significant for weak grain boundaries. On the other hand, for strong grain boundaries, the effect of microstructure is insignificant. The evaluated results have demonstrated that peridynamics can be a very good alternative numerical tool for fracture analysis of polycrystalline ice material.