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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 is often started by combining the monomers through the use of a catalyst - a substance that aids a chemical reaction without undergoing any permanent chemical change itself. During the chemical reaction, hundreds or thousands of monomers combine to form a polymer chain, and millions of polymer chains are formed at the same time. The mass of polymers that results is known as a resin. Resins are sold to plastics factories, usually in the form of powder, tiny granules, or pellets.