arun.psarathy:
In my experience dealing with the type and quality of insulation you are describing, I recommend you not waste your time trying to "calculate" the quantity of water droplets that are going to form on your vessel's outer shell, directly below the insulation.
First of all, you are not going to have water droplets. What will appear will be solid water ice chunks that will progressively grow as time goes by. Eventually you will have to rip out all the insulation and re-install new insulation and, hopefully, a good VAPOR BARRIER. A vapor barrier is the key and most important feature to a sucessful low temperature insulation installation and it rests on the detailed specifications of the owner and the skill and abilities of the installation contractor. Even the most successful vapor barrier ever applied will eventually degrade and allow atmospheric moisture to creep into the crevices between the tank wall and the insulation, depositing ice crystals.
That is where your time and efforts are better spent and not on generating academic calculations. I have never heard of anyone trying to do what you describe - and I seriously doubt if there exists a credible algorithm that would predict what you seek.