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'stimulate demand for' is correct and can be used in written English.
For example, you could write "The government implemented a tax break to stimulate demand for new homes in the city". This phrase is generally used to describe an action taken to increase the demand for a product or service.
Exact(60)
With a lag, rate cuts stimulate demand for new capital and consumer durables.
This would stimulate demand for high-quality objects and encourage more workers to take up craftsmanship.
Today, the conventional wisdom holds that market forces will soon stimulate demand for older workers.
But the lower prices could also stimulate demand for what are now expensive technologies.
The current low oil price is unlikely to stimulate demand for solar energy.
In addition, lower oil prices stimulate demand for fossil-fueled technologies.
And defendants here actively advertised those products in order to stimulate demand for them.
In some cases, it can stimulate demand for a company's own products.
MPs and industry figures warned that it would do little to stimulate demand for domestic industry.
This, in turn, could serve to stimulate demand for certified products.
Intel was more forthcoming about its strategy: to encourage mobile Internet use and thus stimulate demand for microprocessors.
More suggestions(16)
encourage demand for
bolster demand for
jumpstart demand for
feed demand for
boosting demand for
encouraged demand for
stimulus demand for
prompt demand for
encouraging demand for
boost demand for
kick start demand for
stimulate thought for
stimulate biodiversity for
stimulate growth for
stimulate income for
stimulate prospecting for
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com