Most household repairs, craft projects, and any indoor carpentry can be done with wood glue that is not water-resistant. Water-resistance is an essential attribute only for outdoor applications.
Therefore, you can use a versatile wood glue that works for both interior and exterior applications, or you can choose wood glues that are specifically adapted for the outdoors.
Wood glues that are adequate for exterior projects need to be waterproof and also resistant to extreme conditions such as frost or heat. Some of them can be applied at a lower temperature. Plus, some are even resistant to mold and mildew.
These characteristics ensure a long-lasting result for outdoor furniture or any other woodwork that is designed for the outdoors.
Water-resistance is an essential quality for exterior applications, but it is not a must for regular indoor projects. Wood glues that are designed for interior use are not waterproof.