latex vs rubber-base paint

latex and rubber-base paint both are nouns.

Word	Noun	Adjective	Verb	Adverb
latex	Yes	No	No	No
rubber-base paint	Yes	No	No	No

As nouns, latex and rubber-base paint are synonyms defined as:

Other synonyms of latex include latex paint.

latex (noun)	rubber-base paint (noun)
a water-base paint that has a latex binder	a water-base paint that has a latex binder
a milky exudate from certain plants that coagulates on exposure to air