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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).
Confidence votes 2. the structural unit of step reaction polymerization are chemically identical to the monomer employed in the reaction while those of the chain reaction may or may not be identical. addition or step polymers take their names from their starting monomers while those of the chain reaction is not so.