The polymer-surfactant mixture has usages in numerous industries mainly in the production of daily used materials. Herein, the micellization and phase separation nature of the sodium dodecyl sulfate (SDS) and TX-100 along with a synthetic water-soluble polymer-polyvinyl alcohol (PVA) have been conducted using conductivity and cloud point (CP) measurement tools. In the case of micellization study of SDS + PVA mixture by conductivity method, the CMC values were obtained to be dependent on the categories and extent of additives as well as temperature variation. Both categories of studies were performed in aq. solutions of sodium chloride (NaCl), sodium acetate (NaOAc), and sodium benzoate (NaBenz) media. The CP values of TX 100 + PVA were decreased and enhanced in simple electrolytes and sodium benzoate media respectively. In all cases, the free energy changes of micellization (∆Gm0) and clouding (∆Gc0) were obtained as negative and positive respectively. The enthalpy (∆Hm0) and entropy (∆Sm0) changes for SDS + PVA system micellization was negative and positive respectively in aq. NaCl and NaBenz media, and in aq. NaOAc medium the ∆Hm0 values were found negative while ∆Sm0 were found negative except at the highest studied temperature (323.15 K). The enthalpy-entropy compensation of both processes was also assessed and described clearly.