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The phrase "accounting for about" is correct and usable in written English.
It can be used when discussing proportions, statistics, or contributions of a particular element within a larger context.
Example: "The renewable energy sector is growing rapidly, accounting for about 25% of the total energy consumption in the country."
Alternatives: "representing approximately" or "making up around".
Exact(60)
Diaphragmatic endometriosis is thought to be rare, accounting for about 1.5% in gynaecological surgical series [19].
Accounting for about 70% of the online auction market, eBay remains the industry leader.
The charity's annual turnover is about £10m each year, with individual donations accounting for about £3m.
Nortel is the company's biggest customer, accounting for about 24% of sales.
The number of the beam pumping units was accounting for about 21% of the total wells (Takacs 2015).
Fortunately, H is the commonest haplogroup, accounting for about 44% of patients in this study.
The main cost-driving events are hospitalisation and rehabilitation accounting for about 70%.
In 2006, an estimated 174,470 new cases, accounting for about 12% of cancer diagnoses and an estimated 162,460 deaths, accounting for about 29% of all cancer deaths, are expected to occur (The American Cancer Society).
Water is the most common element in the human body, accounting for about 60% of total body weight [ 1].
Rhabdomyomas are the most common subtype accounting for about 60% while hemangiomas are rare with about 5% [ 2].
Almaty is now a major industrial centre, with the food industry accounting for about one-third of its industrial output and light industry accounting for about one-fourth.
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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