If it can be produced for less than the expensive plastic decking that is allegedly made from recycled materials, it could be a real winner.
https://en.wikipedia.org/wiki/Masonite
Masonite is a type of hardboard made of steam-cooked and pressure-molded wood fibres in a process patented by William H. Mason.[2
Masonite was patented in 1924 in Laurel, Mississippi,[6] by William H. Mason, who was a friend and protégé of inventor Thomas Edison.[7]
Masonite is formed using the Mason method,[10] in which wood chips are disintegrated by saturating them with 100-pound-per-square-inch (690 kPa) steam, then increasing the steam or air pressure to 400 pounds per square inch (2,800 kPa) and suddenly releasing them through an orifice to atmospheric pressure. Forming the fibers into boards on a screen, the boards are then pressed and heated to form the finished product with a smooth burnished finish. (Later a dry process with two burnished surfaces was also used.) The original lignin in the wood serves to bond the fibers without any added adhesive. The long fibers give Masonite a high bending strength, tensile strength, density, and stability. Unlike other composite wood panels, no formaldehyde-based resins are used to bind the fibers in Masonite.