The present invention provides an emulsion composition which has been
increased in sulfonic group content, yet has sufficient water resistance
and has been enhanced in properties such as small resistance,
film-forming property, etc. The emulsion composition contains (A) a
water-based solvent, (B) an organic solvent, (C) a sulfonic
group-containing polymer soluble in the component (A), and (D) a polymer
soluble in the component (B) but insoluble in water. This emulsion
composition is enhanced in small resistance and yet has sufficient water
resistance and film-forming property.