Latex paints are water-based paints that use synthetic polymers as a binder. They are popular for both interior and exterior surfaces due to their quick drying time and easy cleanup with soap and water. These paints are known for their durability and resistance to fading, making them suitable for various applications, including walls, ceilings, and furniture. One of the key advantages of latex paints is their low levels of volatile organic compounds (VOCs), which makes them more environmentally friendly compared to oil-based paints. Additionally, they offer a wide range of colors and finishes, allowing for versatile design options in home and commercial spaces.