Negotiations are continuing with the former Borussia Dortmund boss with a view to having him in place by the end of the week.
Low thinks the similarities between the two clubs will help Klopp.
"He had an extraordinarily successful time in Dortmund
He released loads of emotions in the Dortmund crowd," said World Cup winner Low.
"If you look at it from afar there are some parallels between Dortmund and Liverpool with the fantastic supporters' culture.
"Klopp would be a great addition to any team."
Defender Mats Hummels, who joined Klopp's Dortmund from Bayern Munich in 2008 and was a key figure in their success, had nothing but praise for his former boss.
"There is no doubt about it, he is a fantastic coach, he's absolutely great," said the centre-back, speaking in Dublin ahead of Germany's Euro 2016 qualifier with Ireland on Thursday.
"You thought, 'What is he going to do post-Dortmund?', then clubs like Liverpool certainly came into the frame.
"He lives, eats, breathes and thinks football day after day.
"He will be a fantastic addition and I am certainly keeping my fingers crossed for the next step in his career."
Source: PA