The invention discloses a binder composition. The binder composition comprises the following components in parts by weight: 700-1050 parts of polyvinyl acetate, 300-350 parts of vinyl acetate, 120-145 parts of polyvinyl alcohol, 60-100 parts of dibutyl phthalate, 20-40 parts of diethylene glycol dibenzoate, 10-15 parts of octanol, 30-45 parts of isopropanol, 10-25 parts of allyl methacrylate, 5-10 parts of ethylene glycol dimethacrylate, 3-7 parts of toluene diisocynate, 35-50 parts of sodium bicarbonate, 1400-1500 parts of water, 40-50 parts of compound emulsifier, 5-10 parts of compound initiator, 20-32 parts of hydroxymethyl acrylamide, 10-15 parts of waxy corn starch, and 2-7 parts of sodium hypochlorite. The content of vinyl acetate in the composition is greatly reduced, so that the composition has good environmental protection performance and comprehensive performance.