I want to coat or paint the dash inserts and glove box door. Thought about hydro dipping the parts, but its seems to be a bit of a waste, as I just want to go with a solid red. What are some other alternatives. Also, what is a good way to label the switches, they are currently labeled on the inserts, not the switches themselves.

What material are they made of?

I think it is carbon fiber...it is definitely a composite of sorts.

Any automotive paint will work just fine if it is carbon fiber. You will need to prep them for adheision,scuff with a gray or red scotchbrite, most carbon fiber pieces are clearcoated so the prep is easy. Try not to breakthrew the clear to the matting as it could cause pin holes/lifting or soking in the areas that you breakthrew. If you want you could use a sealer but i dont think it is needed. Wet sanding the parts in 600gt wet would also be good, remove texture if there is any , then degrease and spray with a single stage auto paint or base coat-clear coat.