other products that have a similar melting temperature as PCL plastic

• PVC foamboard (wikipedia) (video demonstration)
  • sold under brand names such as Celtec, Palboard, Palight, and Sintra
• Worbla (video demonstration)
  • Worbla is available in several different varieties
• WonderFlex (video demonstration)
• Thibra (video review)
• Cosplayflex (video demonstration)
• an article comparing several Worbla formulations and Cosplayflex

a slightly higher melting temperature

These often require time in the oven.

• Kydex, the melting point is 165 to 205°C (330° to 400°F) (video demonstration)

less similar materials

• EVA foam — soft and flexible; it's often cut and glued, but it can be heat-shaped as well; used heavily by cosplayers (video demonstration) (wikipedia)
• polymer clay — bake to cure
• sculptable epoxy — needs no firing or baking to cure [1] [2] [3] (video overview) (video demonstration)