Formica as a siding material?

I was just thinking
Has anyone used Formica or other counter laminate as a siding material over luan? I mean as long as the edges are protected it is very durable and bends easily fairly good. How would it hold up over time exposed to the sun and the elements?
I know about Filon but it is much more expensive.
Regards,
Tom

Has anyone used Formica or other counter laminate as a siding material over luan? I mean as long as the edges are protected it is very durable and bends easily fairly good. How would it hold up over time exposed to the sun and the elements?
I know about Filon but it is much more expensive.

Regards,
Tom