Hi Atif,
Unless there is some strict regulatory compliance requirement, I believe you meant Public-key cryptography. If so, yes.
That's the usual way to secure email communication ("a user encrypts an email attachment such that only another user "name@domain.com" can decrypt it").
The Symantec Encryption Management Server can work with S/MIME, in case you need to have a Certification Authority (CA) verifying the certificate. That's an example of PKI (Public-Key Infrastructure).
If the trust can be established between both communication partners, then you can use PGP keys. This would be called WOT (Web of Trust).
Rgs,
dcats