It's called plasticizer migration. Plasticizer is used in some plastics, vinyl, rubber, and coatings to keep them flexible. Some coatings and all vinyls and rubbers continue to cure, shrinking and squeezing out the plasticizer. Plasticizers are often made from fatty acids are not very soluble in anything that most people have access to.
All of the double bonds aren't fully reacted when a product is made and continue react slowly over time. This is why rubber and vinyl and plastics become more brittle. UV creates free radicals and they help to open the double bonds causing this to happen more quickly. This can be slowed by adding uv inhibitors which either grab the free radical or absorb the energy. Just like sun tan lotion they eventually get used up. That's why you have to re apply suntan lotion. Newer coatings may now have the plasticizer attached somewhat to help reduce the migration. There was even work done to hand grenades to give them a soft grip so they don't slip out of a sweaty hand. (30 years in coating research)
P.S. My Kowa is in Japan being re-coated.
All of the double bonds aren't fully reacted when a product is made and continue react slowly over time. This is why rubber and vinyl and plastics become more brittle. UV creates free radicals and they help to open the double bonds causing this to happen more quickly. This can be slowed by adding uv inhibitors which either grab the free radical or absorb the energy. Just like sun tan lotion they eventually get used up. That's why you have to re apply suntan lotion. Newer coatings may now have the plasticizer attached somewhat to help reduce the migration. There was even work done to hand grenades to give them a soft grip so they don't slip out of a sweaty hand. (30 years in coating research)
P.S. My Kowa is in Japan being re-coated.