A dye is a colored substance that chemically bonds to the substrate on which it is being applied. A pigment is a colored material that is completely or nearly insoluble in water. This distinguishes dye from the pigment that does not chemically bind to the material they color. With market demand approaching ~$56.91 billion by 2029, the dye and pigment industry is steadily growing at a CAGR of 5.0%. Quanta possesses experience in the dyes and pigments industry completing 10+ projects.