Terminology.
PSS Seal uses a "The Shaft Retention Collar" with O-rings.
The Coupler is at the end of the shaft, connecting it to the transmission.
In either case, the idea of both the Collar and the Coupler is to attach to the shaft securely and not move. Any coatings you add are potentially defeating the purpose of the units.
The collar uses clamping friction to ensure that the collar stays in place. It is the belt and suspenders that keep the shaft from sliding out of the boat in a catastrophic failure. The O-rings provide a way to minimize water from getting beneath the Rotor. Annual inspection for signs of "wear, aging, or chemical deterioration".
PSS Seal suggests preventative maintenance with a precautionary replacement recommendation in 8-10 year intervals. During bellows replacement, it is recommended that the o-rings and set screws in the stainless steel rotor also be replaced.
It is not anticipated that you will remove the collar frequently. When done, it will be an out-of-the-water replacement project.
If you are talking about the coupler, I did not use any chemicals to impact the friction needed to maintain the fitted connection between the rotating shaft and the transmission. Should I need to remove the coupler, I would need to take the shaft and coupler to be fitted and refaced so that there is a proper match to the transmission.