JTrac wrote:
We did a remodel of our house garage when we had to strip the ceiling to have access to the floor and walls of a bonus room above. Couldn't keep it cool in the summer so had it foamed. Not being a big fan of sheetrock in a garage I also stripped the walls since there was some damage after 15 years of use. I went to Lowe's and found some 4X8 sheets of siding with a woodgrain texture and grooves to make it look like planks. It is lapped on both sides so you get a clean joint. I painted it with a good exterior semi-gloss and after 2 years it still looks like the day I did it. I sheetrocked the ceiling by the way.
The sheets are a fiber of some kind but not MDF, I'm pretty sure. I didn't pay any attention to the fire rating if there is one. Another issue is the 4X8 size. I'm sure you have taller walls than that so if you are going for a look you would have to deal with some seams that join the top and bottom of the sheets. The last issue would be cost. Quite a bit pricier than OSB but if you use sheetrock and finish it out the cost difference might not be so much...
I don't think this applies to the OP but just an FYI I wouldn't recommend this approach detailed in this posters conditions. Where I live, a fire wall is required between a garage and any living spaces. I don't think MDF, OSB or other similar materials would qualify. It could result in somewhere down the line removing the walls and ceilings and redoing them.