Water based
Two liquids can form different types of emulsions. As an example, oil and water can form, first, an oil-in-water emulsion, wherein the oil is the dispersed phase, and water is the dispersion medium. ... Second, they can form a water-in-oil emulsion, wherein water is the dispersed phase and oil is the external phase.
ACRYLIC EMULSION RESINS
RECOMMENDED APPLICATION :
Suitable for emulsion paints with varnish-like flow, good gloss and excellent exterior durability.