rubber-base paint vs latex

rubber-base paint and latex both are nouns.

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

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

Other synonyms of rubber-base paint include latex paint.

rubber-base paint (noun)	latex (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