Here seems to be the difference on an already loaded package. While it is true that both require and library do not load the package. Library does a lot of other things before it checks and exits.
I would recommend removing "require" from the beginning of a function running 2mil times anyway, but if, for some reason I needed to keep it. require is technically a faster check.
microbenchmark(req = require(microbenchmark), lib = library(microbenchmark),times = 100000)
Unit: microseconds
expr min lq mean median uq max neval
req 3.676 5.181 6.596968 5.655 6.177 9456.006 1e+05
lib 17.192 19.887 27.302907 20.852 22.490 255665.881 1e+05