Polyhydroxybutyrates (PHBs) are produced by microorganisms. PHBs are chosen as biodegradable plastic alternatives due to their rapid degradability under natural circumstances. In this study, the isolation and identification of PHB‐producing organisms by Sudan black, fermentation, solvent extraction, and characterization of purified PHB are all discussed in detail. Serratia sp. was employed to produce PHB biopolymer from lignocellulose waste coconut coir and a response surface software tool was used to optimize it. PHB characterization, FTIR (1730 cm−1 C = O stretch), TGA (268.53°C), and DTA (276.67°C) results. Sudan Black B stain was employed for the pre‐screening of these vital bacteria that produced intracellular granules of PHB. The best optimized parameters are used during the fermentation process, including 20 g/L coconut coir hydrolysate, pH 7, 30°C temperature, 1.5 g/L peptone, and 48 h. The optimization of the response surface methodology yields a high biomass output of 9.34 g/L, PHB yield of 5.48 g/L, and dry cell weight of 58.67%. The ANOVA findings, F and R2 value of biomass (10.04 and 0.9036) and PHB (23.33 and 0.9561). The results show that employing coconut coir as a feedstock allows for the enhanced production of PHB.