Will sulphuric acid react with water produced in an esterification process?
Sulfuric acid acts as catalyst meaning it is regenerated at the end of the reaction. In the presence of water or other bases, sulfuric acid will primarily be deprotonated. $$\ce{H2O + H2SO4-&gt;H3O+ + HSO4-}$$

It is occasionally more correct to consider the water acting as a catalyst. Any time that you have a strong acid acting as a catalyst, because its deprotonation is much more likely than the organic reaction, it is nearly completely deprotonated at a given time. Thus the protonated $\ce{H3O+}$ will act as your catalyst. protonating the carboxylic acid and deprotonating the ester.