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The phrase "dependent on market" is correct and usable in written English.
It is often used to describe something that is affected by the ups and downs of the market or economic conditions. For example, "The company's profitability is dependent on market conditions."
Exact(18)
But they have said that any public offering would be dependent on market conditions.
The share sale is to take place in early 2016, "dependent on market conditions".
Yet these same changes have made adults more likely to live alone and more dependent on market income.
The world has taken lots of turns and twists... everything we do is dependent on market conditions".
If you have a "defined contribution" type of pension fund where the value is dependent on market movements, you'll be worst hit.
What emerged instead is a hybrid system, heavily dependent on market activities with people carving out spaces for themselves in a market environment.
Similar(42)
The new rules seek to ensure that banks have a variety of fund sources and are not overly dependent on one market or lender.
The UK is too dependent on markets in Europe and America.
Mr. Hu endorsed making interest rates and the exchange rate of the renminbi more dependent on markets and less on government fiat.
The European debt crisis has shown there is a limit to the extent that markets will be willing to finance government deficits, and also a limit to the extent that politicians want to be dependent on markets.
Is the rise of a global corporate elite, increasingly dependent on markets like China, India, Turkey and Brazil, enough to generate a broad-based stock market recovery even as house prices sink and good jobs remain increasingly difficult to find in the United States and Europe?
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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