yeah, you can use particle board to make a booth, but it won't be very sound proof if that's what you're looking for. Judging by your user name, I'd say you do rap music or something like it? And you want a booth to track vocals? Are you doing this is a spare room of a house or apartment or maybe your bed room? Your money would be better spent on treating the room your in rather than building a booth in an already small space. I'm just blabbing because you really haven't given us a lot of info to go on. But the short answer to your question is yes, but I wouldn't advise it.
Chris