Latex or emulsion.
No, there are no chemicals in water borne latex paint that will catch fire, no matter how hard you might try.
In the past oil paints referred to either petroleum based paints or linseed based paints. Today in the USA petroleum based paints are no longer sold and it is difficult to find linseed based paints though they do exist with a small proportion of linseed oil. Alkyd paints are made with synthetic oil and are readily available and have come to be known as "oil" paint.
Emulsion paint is water based - thinned with water, brushes cleaned with water.Solvent paints are thinned with solvents/thinners, and the brushes are cleaned in turps, etc.
A muralist or mural artist paints large artwork scenes directly onto walls or ceilings and may use techniques such as fresco. Water based paints, oil based paints, and acrylic paints are commonly used to create large works of art.
In interior or exterior house paints.... Acrylics, emulsions and latex are, oils, lacquers and shellacs are not. In artists' paints... acrylic, watercolour, gouache, and some water based airbrush paints are, oils are not..
Water paints are more often called water colours when talking about art, and water-based paints when decorating the home. It simply means the liquid in them is water, rather than something oil based.
Oil-based paints use oil as a binder, while latex-based paints use water. Oil-based paints are more durable and provide a smoother finish, but they take longer to dry and have a strong odor. Latex-based paints dry faster, are easier to clean up with water, and have less odor, but may not be as durable as oil-based paints.
Painting?
No, there are no chemicals in water borne latex paint that will catch fire, no matter how hard you might try.
Regardless of the color, oil-based paints use solvent, normally mineral spirits, as a solvent Vs. water for water-based and oil-based paints dry harder than latex paints making them more scrubable. Water-based paints don't yellow or crack as they age and can be formulated to dry fairly hard while still retaining some elasticity. Both oil and water-based white paints should cover to opacity in a single coat.
Water paints are more often called water colours when talking about art, and water-based paints when decorating the home. It simply means the liquid in them is water, rather than something oil based.
Gloss paints are available in all types of bases. The most common gloss paints used in homes are either oil based or water based alkyds or water based acrylic or vinyls latexes.
Unfortunately combining oil and water in paint always results in disaster. Oil based paints must be thinned with solvent. Brushes used to paint oil based paints also need to be cleaned with solvent.
Acrylic paints are water-based and dry quickly to a durable finish, while latex paints are also water-based but contain vinyl or rubber particles for added flexibility and durability. Acrylic paints are more commonly used for art projects, while latex paints are typically used for household painting projects.
In the past oil paints referred to either petroleum based paints or linseed based paints. Today in the USA petroleum based paints are no longer sold and it is difficult to find linseed based paints though they do exist with a small proportion of linseed oil. Alkyd paints are made with synthetic oil and are readily available and have come to be known as "oil" paint.
Emulsion paint is water based - thinned with water, brushes cleaned with water.Solvent paints are thinned with solvents/thinners, and the brushes are cleaned in turps, etc.
Both the water based paints and the oil based paints can be used on the concrete fountains. However, the oil-based pains are the best as they cannot be washed easily unlike the water based paints.