One of the main uses for Plasti-Dip in the workrooms is to coat the ends of boning to avoid sharp edges if you can’t use metal end crimps for whatever reason, but it is handy to have on hand for any kind of tool handle or base that you want stabilized as well.
Make sure it dries before you use the item dipped, but it is neat and handy to have around…
We’d recommend that you buy it from the hardware store where it can be had for US $5-10 rather than from the fabric store where it ranges more toward US$15 per can.
Some experiments we’ve tried that may or may not fit your needs:
Scissor and rotary cutter handles for identification or comfort.
Base of pin cushions and pin magnets to keep them from slipping around
Handles of awls and other tools to make them easy to see and more identifiable as yours