Balsam fir resin is known around the world. Of all the resins from conifers it was the most widely used and effective in French Canadian folk medicine. Its antiseptic properties make it useful in treating burns and wounds. It was used in preparing microscope slides and is an ingredient in some soaps, glues, candles, perfumes and deodorants. The wood is mostly used in the pulp and paper industry. It is used to make crates, doors, panelling, oleoresin and essential oils. These trees are also sold as Christmas trees.