Embalming is the process of pumping a chemical cocktail of formaldehyde, phenol, methanol, and glycerin into the body through an artery to delay the body's rate of decay. This could be used for display purposes during funerals, long-distance transportation, or for use for medical or scientific research. It is also said to give the body a life-like appearance for public viewing.
Formaldehyde is a potential human carcinogen, and can be lethal if a person is exposed to high concentrations. Its fumes can also irritate the eyes, nose, and throat. Phenol, similarly, can irritate or burn the flesh, and is toxic if ingested. Methyl alcohol and glycerin can irritate the eyes, skin, nose, and throat.
According to an article published in the Berkeley Planning Journal, more than 800,000 gallons of formaldehyde are put into the ground along with dead bodies every year in the US. That's enough to fill one and a quarter Olympic-sized swimming pools each year.