This paper focuses on the possibility of adapting the centrifugal slip casting method to obtain zirconia–alumina composite materials in the form of finished tube-shaped products. These types of products, due to their unique properties, can be utilised, for example, in the transport of aggressive substances, even in extreme temperatures or corrosive conditions. The study reports on the two series of zirconia–alumina composites differing in the content of ZrO2—2.5 and 25 vol%. The fabricated and sintered materials were characterised using scanning electron microscopy (SEM), X-ray diffraction (XRD) and stereological analysis. Moreover, a life cycle assessment (LCA) was provided in accordance with the requirements of the ISO 14044 and EN 15805 standards. The obtained data clearly show that the centrifugal slip casting method allows obtaining samples with high density and extremely uniform distribution of the ZrO2 phase in the alumina matrix. The stereological analysis results proved also that the addition of ZrO2…