What about 4x8 house siding

I am not sure what the common name for this material is and I see it in different finishes on the sides of houses but I am a little surprised that I have rarely seen it used or discussed on the forums.
I saw a little red barn that one of the members built and looked like they may have used the stuff I am thinking about. You guys may have ruled this stuff out years ago but looks like it could be a cheaper alternative to aluminum. Not near as pretty but it lasts on the exterior of houses for years if maintained. I am just starting to kick around the idea of a non-tear trailer with this stuff for skin. Any thoughts or words of wisdom?
I saw a little red barn that one of the members built and looked like they may have used the stuff I am thinking about. You guys may have ruled this stuff out years ago but looks like it could be a cheaper alternative to aluminum. Not near as pretty but it lasts on the exterior of houses for years if maintained. I am just starting to kick around the idea of a non-tear trailer with this stuff for skin. Any thoughts or words of wisdom?