Do you mean it has to be both as in two out of the three listed requirements, or does both mean all three.
If te current product is a waterproof fabric like used in a "Rubber Ducky" polyurethane will do a better but somewhat more costly job than PVC.
If it is an unreinforced film, it will be fragile and somewhat prone to puncture and tearing, even if in PVC. If this might lead someone drowning, that might lead to litigation problems, especially if it is designed or recommended to be used in conjunction with the consumption of alcohol, and therefore I am reluctant to make a recommendation unless you can tell us what you actually require and we can all stop playing let try to guess what this guy actually requires.
Does it need food contact.
What level of UV light will it be exposed to.
Is it a flotation device for people.
I know that this does not jell with the ****wits that make laws about things they do not understand, but generally as a very rough rule of thumb, the more expensive something is, the more impact it has on carbon emissions during it's manufacture, and if it's a multiple use item, the more durable it is the less impact it has per use.
Other thermoplastics that are flexible and relatively tough in film form, from memory are:-
Polyester block co-polymers like Hytrel or Arnitel.
Nylon block copolymers like PEBAX.
Polyurethane.
EVA.
Bimodal PE.
Crosslinkable PE (not really a thermoplastic once cross linked).
Regards
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