A medium viscosity, premium quality, UL Classified, Low VOC, water based, quick drying, low odor lagging adhesive and protective coating for indoor use. DP 3050 can be used for bonding and coating jackets of canvas, glass cloth and other lagging fabrics over insulated surfaces, including rectangular and round ductwork insulation wrap. It is recommended as a lap adhesive for pipe insulation jackets and as a protective coating over expanded polystyrene foam insulation to prevent dusting and to protect from solvents. DP 3050 may be used as a “duct butter” to seal cut ends of fiberglass duct liner.