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"capitalize on demand" is a correct and usable phrase in written English.
It means to take advantage of or benefit from a high demand for something. Example: The company was able to capitalize on the high demand for electronic devices by releasing their new smartphone at the perfect time.
Exact(9)
But it was not always easy to capitalize on demand.
Numerous diagnostics companies are hoping to capitalize on demand for influenza testing.
Oracle, which bought Sun Microsystems to capitalize on demand for the servers and databases used in data centers, slumped 4.1 percent to $31.14.
Telephone service providers and equipment makers followed a similar path, hoping to capitalize on demand for high-speed Internet connections and to combat new rivals.
Hoping to capitalize on demand for wireless services, the company has already spent about a fifth of a planned $350 million to build its mobile network in the next two years.
To capitalize on demand for these types of applications, PeopleSoft said it would announce a new application today called Demand Flow, which, among other things, will further help manufacturers calculate exactly what to make, when to make it and in what quantities.
Similar(49)
TomTom, which listed in May 2005 on the Euronext stock exchange, has been one of Europe's fastest growing consumer electronics companies, capitalizing on demand for in-car navigation devices.
Action America capitalized on demand for Mr. Huckabee on the conservative lecture circuit after he became lieutenant governor in an overwhelmingly Democratic state.
CarMax has been capitalizing on demand for used vehicles, which accounted for about 90percentt of its sales last year, by selling some of its new-car franchises to make room for lots that sell only used cars.
Since launching in 2010, Israel-based startup, TabTale, has been on a mission to capitalize on this demand and is quietly becoming one of the App Store's top publishers as a result.
With foreign buyers scooping up properties, developers are trying to capitalize on the demand.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com