Provided is a new binder composition comprising a pH controlling agent and polymer dispersion. The binder provides antimicrobial properties to various kinds of materials, including those used in antibacterial packing material, hygiene and health care products. The binder composition also show satisfactory bonding properties, when the binder is applied on fibrous materials. Finally, the binder is easily applied, eg., through dipping, coating or spraying methods, onto the relevant surfaces or areas.