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Acrylic latex paint is generally not considered flammable because it is water-based, which makes it safer to use in terms of fire risk. is acrylic latex paint flammable Unlike oil-based paints that contain flammable solvents, acrylic latex paint doesn't ignite easily. However, once the paint dries, the dried film can burn if exposed to extreme heat or flames, but it's not something that would ignite under normal conditions.