Why the price gap is so wide
TPU is made from polyether or polyester polyurethane, several times more expensive as a raw material, and it carries an elastomeric stain-resistant topcoat plus UV stabilisers. TPH starts from PVC and uses plasticisers to soften it — far cheaper, visually similar on day one, and therefore marketed as 'entry-level PPF'.
The divergence is time. Plasticisers gas out under heat and UV, so TPH stiffens, yellows and shrinks, and can eventually take paint with it on removal. Hong Kong bonnets routinely hit 70°C in summer, which only accelerates the process.