The application relates to a coating composition. The coating composition comprises at least the components: a first component that comprises polytetrafluoroethylene or a derivative thereof, a silicone-based substance or a substance having a low coefficient of friction, a siloxane-based component and a binder component that comprises a polymer dispersion of styrene acrylate. In addition, the application relates to a method for forming a coating and to use, e.g. in the treatment of an outer surface of a boat or blades of a wind turbine.