Is hot glue suitable for FDM printing, or some process similar to it?
I think it has all of the required properties, and could produce a flexible transluscent print. It's cheap, hotends are cheap, and the technology has been around for a while.
I couldn't find any examples or anyone talking about such a material for use, on here or the general Internet. I wonder if there are tradeoffs or challenges that make it not worth pursuing.