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Water is indeed not considered a formulation. A formulation is a mixture that is designed to have a specific purpose, where different components are carefully measured and combined to achieve particular properties or performance.
Fuels, paints, and medicines are all examples of formulations. They consist of multiple ingredients mixed together to create a product with desired attributes. For instance, fuels are designed to combust efficiently, paints are formulated to provide color and coverage, and medicines are compounds specifically engineered to treat illnesses.
In contrast, water is a simple substance made up of two hydrogen atoms and one oxygen atom (H2O) and does not fit the criteria of a formulation. It does not consist of multiple components combined to meet a specific functional requirement, and it serves as a pure substance in its own right rather than being tailored through a precise mixture for a particular use.