What libraries are you talking about? AFAIK, there aren't any official Arduino Libraries for using Timers.
Usually multitasking uses fewer timers (everything operated off of a system tick), rather than more...
In the AVR Arduinos, pretty much ALL of the timers are used to (potentially) generate PWM outputs via "analogWrite()"
(Each timer has two "compare" outputs, which become the PWM signals.) Timer 0 also generates an interrupt on overflow (ever 1024 microseconds) that is used as the system tick, which is in turn used by millis(), delay(), and micros())
I'd expect 328PB "support" to add additional PWM outputs, but no additional "timer" libraries.
The ARMs get more complicated. Due has a Systick timer (part of the core), a PWM controller, AND some general purpose timers. Zero has Systick and TWO kinds of timer, but no PWM controller (it uses (some of?) the timers to generate PWM.)