Watercolor paint consists of four principal ingredients: a pigment; gum arabic as a binder to hold the pigment in suspension; additives like glycerin, ox gall, honey, and preservatives to alter the viscosity, hiding, durability or color of the pigment and vehicle mixture; and evaporating water, as a solvent used to thin or dilute the paint for application.
The more general term watermedia refers to any painting medium that uses water as a solvent and that can be applied with a brush, pen, or sprayer. This includes most inks, watercolors, temperas, caseins, gouaches, and modern acrylic paints.
The term “watercolor” refers to paints that use water-soluble, complex carbohydrates as a binder. Originally (in the 16th to 18th centuries), watercolor binders were sugars and/or hide glues, but since the 19th century, the preferred binder is natural gum arabic, with glycerin and/or honey as additives to improve plasticity and solubility of the binder, and with other chemicals added to improve product shelf life.