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As nouns the difference between oligomerization and polymerization is that oligomerization is (chemistry) the formation of an oligomer from a monomer while polymerization is (chemistry) the chemical process, normally with the aid of a catalyst, to form a polymer by bonding together multiple identical units (monomers).
Polymerization, any process in which relatively small molecules, called monomers, combine chemically to produce a very large chainlike or network molecule, called a polymer. The monomer molecules may be all alike, or they may represent two, three, or more different compounds.